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Obama's prospects good says Thomas Patterson

I am back from one of my favorite annual events: the 2009 meeting of the Texas Community College Teachers Association.

The history section featured an outstanding slate of eminent scholars: Eric Foner, David Goldfield, Brian Delay, and H.W. Brands. I hope to offer comment at some point on the incredibly provocative presentations offered by those luminaries.

However, as is my wont, I could not help myself from sneaking into the government section to hear one of my favorites: Harvard's Kennedy School of Government Professor of Political Science, Tom Patterson, who, once again, lived up to my incredibly high expectations regarding his cogent and dispassionate analysis of presidential politics.

"Can Obama Succeed in an Era of Impatience?"

Patterson: Barack Obama is obviously an exceptional political talent, but, more importantly, he is a natural executive, which, ironically, turns out to be a fairly rare gift among recent presidents (think Jimmy Carter and Bill Clinton).

Evidence?

1. Obama ran a superior presidential campaign (the very best ever, in Patterson's view--and I concur). Perhaps most astounding, he did it with presumably second-tier talent. Of course, his staffers are NOW the first-tier players--but we should NOT forget that the overwhelming favorite in the race for the Democratic nomination, Hillary Clinton, flush with cash and the glow of inevitability, bought up all the heavy-hitting pros early on in the contest. Undeterred, Obama found a way to draft an over-achieving cohort of talented personnel in the latter rounds and facilitated their development into a cohesive and ultra-effective organization.

2. Upon election, Obama assembled the presidency first. Prioritizing an executive staff over a cabinet and assembling a team of doers, Obama fielded a highly functioning White House ready for battle the first day in office.

An aside: some of you will be tempted to point out some of the stumbles--but, seriously, this team is in mid-season form already. After only a month, this President is indisputably in command and in control of the national storyline.

Where is Obama now?

He inherits a frightening crisis. Ironically, this precarious situation fraught with peril offers him a pathway to presidential distinction. Every "great" chief executive needs an insurmountable obstacle to overcome. Great triumph only comes after great trial (not surprisingly, Brands and Foner both echoed this manifest fact of presidential scholarship).

On the other hand, crisis presents a double-edged sword for a president. Leaders don't always prevail over adversity; sometimes chief executives do not rise to the occasion.

Will Obama succeed?

Most likely. If Obama is lucky, Patterson observes, he will be Ronald Reagan.

As Patterson notes, the President seems to invite comparisons between himself and former greats such as Abraham Lincoln and Franklin Roosevelt. However, Patterson asserts that this time and place is more comparable to the late-1970s and early-1980s than the era of the Great Depression. How are we different from 1933? We are a much more demanding and impatient culture today, with a wall-to-wall-twenty-four-hour news cycle, a fiscal situation wholly different from pre-New Deal America, and a post-industrial service economy.

An Aside: on the following day Brands, author of the current best-selling FDR biography, also offered an illuminating discussion regarding similarities and differences between the predicaments that face Obama and the collapse that Roosevelt inherited, which I hope to report on in some depth shortly.

Patterson: like Reagan, Barack Obama won election because of who he was NOT. The Election of 2008, like the Election of 1980, revealed more about the electorate's revulsion and frustration with the ruling party rather than an absolute affinity for the respective challengers. Americans rejected Jimmy Carter much more than they unequivocally elevated Ronald Reagan. Likewise, 2008 voters first and foremost voted against the perceived incompetence of George Bush and the faithless Republicans.

Having said that, like Reagan, Barack Obama is very popular and a vessel of hope. However, Patterson reminds us that Reagan's popularity plummeted as the economy continued to stagnate during the first two years of his presidency, with Democrats making big gains in the 1982 midterms. It was not until the economy began to rebound in 1983 and 1984 that Reagan recovered from his historic low approval ratings. Of course, his resurgence was spectacular (as was the economic recovery), as Reagan rolled onto a landslide reelection in 1984.

The Good News for President Obama?

If we see some brand of upswing in the economy before 2012 (as currently predicted by the Fed), the next quadrennial contest could very well be "Morning in America" for President Obama's reelection campaign.

Moreover, this president has two advantages over RR.

1. Unlike Reagan, Obama will not be restricted by principles or circumstances to supply-side solutions alone. His stimulus will attack the downturn from the demand side, pumping mainline injections into the sluggish economy.

2. Unlike Reagan, Obama enjoys shockingly unparalleled positive press. As Patterson correctly asserts, the news media powered his victory in the primary, showering him with disproportionately positive reportage, while hammering the front runner with surly negative portrayals and unfriendly analysis. Of course, Patterson reminds us that the media, although no less gushing in the General Election, played a role significantly less instrumental, for the events of 2005 through 2008 formed an irresistible wave of popular enmity for any Republican standard-bearer. That is, 2008 was a year tailor-made for any Democratic nominee.

Bottom Line: never before has a president faced a press corps so friendly and so thoroughly invested in his success. Contra to regular expectations of a mainstream media driving despair about the economy through negative coverage, we can expect this coterie of national reporters to continue their pattern of lending assistance to this president in unprecedented fashion.

On the other hand, regardless of the supportive White House press corps, the reality of the economic situation will settle into the public consciousness. Eventually, real life will overtake the media-created illusion. And, one day not too distant, President Obama will own this economy.

Patterson expects Democrats in the House to lose seats in 2010, which, of course, will completely reconfigure the current conventional wisdom about the GOP as the zombie party.

However, if Obama gets lucky, like Reagan, he gets "Morning in America" Part II.

If he gets an economic upturn after the midterm setback, and he wins another landslide election in 2012, President Obama may well outstrip the second term of Ronald Reagan. Well-positioned to achieve something close to universal health care and a substantial and historic program to counter the affects of global warming by scaling back carbon emissions, Obama will have a shot at finishing as a "near-great" president.

But, Professor Patterson reminds us, there are some less salutary potentialities as well. How could this presidency go down in flames?

There are the THREE BIG IFS:

1. What if the economy does not respond to the stimulus? Very possible. Many analysts are already talking about a SECOND STIMULUS, which would necessitate more money we don't have. More gnashing of teeth. Will there be any one left to borrow money from? This contingency severely dampens the rosiest Obama scenario. Even if one imagines a reelection victory in the midst of the continuing unease (a la FDR), the possibility of achieving big things in the second term virtually vanishes.

2. What if we drop into a deflationary spiral? Unlikely--but not impossible. Economists see this as extremely remote but no longer unthinkable.

3. What if the economy is exhausted? What if we keep the banks and the car companies above ground--but only on life support? We are surely headed toward a national debt that equals our Gross National Product (GDP). We reached that position at the end of World War II, and we expanded our way out of our financial hole, settling into a long period of dynamic growth in which our national debt decreased steadily until it leveled off and averaged about one-third of our GDP for decades. Now our national debt suddenly equals 70 percent of our GDP and seems inevitably on the way to approximately 100 percent once again.

Can we grow our way out of this kind of mammoth debt in our current state of national health? The USA of 2009 is not the America of post-war period, which was characterized by a vibrant manufacturing sector fueled by a nation of consumers with disposable income and pent-up demand for consumer goods. We are well past that vigorous America now. Today we live in a post-industrial society in which most Americans suffer from high personal debt and cannot honestly say that they want for much.

As you know, I worry that the party is over.

On the other hand, Patterson, an extremely talented handicapper, lays odds that the President is most likely on track for the more optimistic recovery scenario. This would be good news for all of us--at least in the near term. On the other hand, Patterson offers no guarantees, warning that the scariest outcomes are not just remote doomsday eventualities.

To borrow a line from the Brands lecture of the following day: the good news is that Obama has the potential to be another FDR. The bad news is that he also faces a danger of being the next Herbert Hoover.

We'll see.
Read entire article at Blogger Ashley Cruseturner (The Bosque Boys blog)