Four more years to enact a new Great Society

Wed, 07 Nov 2012 16:52:00 +0000

If you want a sense of how remarkable Barack Obama’s re-election victory is, think back to last summer. At the time, the president was struggling to reach a deal with House Republicans, who were threatening not to raise the debt ceiling and plunge the economy into a second recession. Unemployment was high—9.2 percent—Obama’s approval had dipped to the low 40s, and to anyone paying attention, the first African American president looked like a one-term failure.

But beginning in the fall, Obama began to reassert himself. With the American Jobs Act, he outlined a viable plan for generating economic growth and kick-starting the recovery. With his widely praised speech in Kansas, he outlined a populist agenda of greater investment and higher taxes on the wealthiest Americans. Over the course of 2012, he built good will with important communities, from LGBT Americans with an endorsement of same-sex marriage to Latino immigrants and their families with a measure meant to emulate the DREAM Act. What’s more, the economy began to pick up: Job growth increased, unemployment dropped, and the overall economic picture began to brighten.

Salon.com > American Jobs Act

Four more years to enact a new Great Society