Feb. 12 (Bloomberg) -- President Barack Obama is starting to look like the second coming of Jimmy Carter. If he’s going to avoid that fate, the president had better take radical action -- and fast.
That means doing more than offering belated talk about jobs, or waging ineffectual on-again, off-again bank warfare. What, after all, is the point of bashing Wall Street only to then blow bonus kisses to JPMorgan Chase & Co. chief Jamie Dimon and Goldman Sachs Group Inc. head Lloyd Blankfein?
Obama needs to ditch his professorial, community-organizer mien and start cracking some heads. Unless, that is, he is intent on paving the way for a Palin presidency in 2013.
Supporters are crying out for Obama to pull out of his tailspin. In an article in Politico, Douglas Wilder, the nation’s first African-American governor and an early Obama supporter, urged the president to get his act together.
“The need is becoming more obvious by the day,” Wilder wrote. “Getting elected and getting things done for the people are two different jobs.”
Obama’s lack of resolve even makes comparisons to Carter seem charitable. Financial blogger Eric Salzman argued that we haven’t seen such a lack of leadership “in the White House since our 15th president, James Buchanan, stood by and let the country dissolve into Civil War while trying to appease everyone.”
For those of you who think little of Sarah Palin, we have this to say: you have to be out of your mind if you think she would have been worse for this country than Mr. Obama.
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