Whether the health care reform is meaningful will be known only after 2014. The open problems make ots likelihood of success only about 50%. The financial reform is mostly meaningless. It has some nuggets, but overall the banks still will have the last word. TARP is a complete disaster. It increased the power and wealth of the banks. It left the government as subordinate of the financial system. Obama could have saved money, fire the crocked management of the big banks, and make the financial into a much smaller segment of the economy. Obama, however, is the banks protector and for that the Democrats will pay dearly in November.
Worse of all, because of Obama's misplaced dreams he totally neglected unemployment. To this day, all Obama does about unemployment is talk about it. This unemployment will last decades, the suffering is enormous, the financial and social damage is incalculable, we will lose a generation of people and will start to be identical to a corrupt third world country.
Obama's pipe dreams are way too costly for this country. Obama will, justifiable, be a one term president, the Democrats will shrink to a raisin. Furthermore, the Republicans that will take over will cause even more damage. All this is a sad reality, not a pipe dream.
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