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Summing up 8 years of Barack Obama

by Simon Black, Sovereign Man:

It’s hard to argue with Barack Obama’s jump shot. I can’t imagine Rutherford B. Hayes having that kind of game.

Or his swagger. Comedic timing. Even charisma.

And there have been plenty of times over the last eight years when, in all seriousness, those qualities have truly mattered.

I can’t imagine anyone not getting goose bumps when President Obama sang Amazing Grace during the eulogy of Reverend Clementa Pinckney in 2015 after the horrific church shooting in Charleston.

During his presidency he had thrust upon him the impossible task of consoling an entire nation over and over again. Personality truly mattered.

But tangible, productive results are an entirely different story, and that’s what I want to examine today.

I’ve read a number of articles this week which glowingly praise President Obama’s accomplishments. Others offer scathing critiques.

Most tend to focus on the Affordable Care Act (ACA), i.e. Obamacare, suggesting that reforming healthcare is one of his most important legacies.

Maybe so.

There are undoubtedly millions of people who now have medical insurance that never had insurance before.

And that is certainly a noble accomplishment.

The problem is that focusing on this single metric is a terrible premise.

Millions of people are no longer uninsured. Check. But that’s where their thinking stops.

What’s the overall quality in the system? What’s the cost?

Those metrics are conveniently overlooked.

Not even two months ago, the Obama administration was forced to publicly acknowledge that healthcare premiums will rise by an average of 25% in just a single year under Obamacare.

Plus, many consumers will only have a single option to choose from as a number of major insurance companies scale back insurance policies they offer.

The administration also admitted last year that overall healthcare spending continues to rise, surpassing $10,000 per person for the first time ever.

Then there’s a question of quality and efficiency.

In 2016, a Johns Hopkins study concluded that the number of preventable medical errors has soared in recent years and is now the third leading cause of death in the United States.

Obviously no one can blame Barack Obama for this trend.

But that’s precisely the point: it’s impossible for any program to be successful when the way you define success is so fundamentally flawed.

Obamacare focuses on one thing: coverage. Are more people insured? Yes. And in their mind, that makes it successful.

But anyone who looks at the big picture will reach an entirely different conclusion.

Premiums rose. Overall spending increased. Quality didn’t improve. Americans aren’t getting healthier.

(Not to mention the matter of that $2 billion website…)

However noble the intentions, it’s hard to consider these results a major success worthy of an enduring legacy.

Then there’s the issue of jobs. President Obama has been credited with ‘creating’ more than 11.3 million jobs.

This entire premise, of course, is total nonsense.

It’s not like the President starts businesses and hires people. The only jobs the President creates are in government.

It’s the private sector that create jobs.

And for a guy who once told entrepreneurs, “you didn’t build that,” (referring to their businesses), he sure is quick to take credit for 11.3 million jobs created.

But OK, let’s play along and give him credit: creating 11.3 million jobs is a very noble accomplishment.

Once again, however, this metric for success is flawed.

What’s the quality of those jobs? At what cost?

Total “goods-producing” jobs, i.e. workers who make stuff, actually declined under the Obama presidency.

Read More @ SovereignMan.com

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