Caroline Baum, MarketWatch (first published in MarketWatch, Jan 6th, 2017)
From the economy to race relations, the president failed to deliver on his promise of hope and change
Barack Obama accepted the Democratic nomination for the presidency in 2008 in front of Greek columns and full of hope, but how did it turn out?
Donald Trump didn’t wait until Inauguration Day to insert himself into U.S. foreign policy. He broke with precedent when he intervened to pressure Egypt to withdraw a draft U.N. resolution condemning Israel, and the U.S. to veto the final resolution.
At the same time, President Barack Obama is not going quietly into the night. He has used that pen of his to sign a rash of last-minute executive orders commuting the sentences of some prisoners, pardoning others, banning drilling off the Atlantic coast and in parts of the Arctic Ocean, and declaring 1.65 million acres of desert in Utah and Nevada as national monuments.
When he isn’t making mischief for his successor, Obama is busy drafting his legacy, which will culminate in a reprise of the historic moments of his presidency as part of of a Jan. 10 farewell address in Chicago. (Why wait for others to assess your legacy when you can do it yourself?)
Obama is certain to relate his successes from the past eight years, including the enactment of the Affordable Care Act and more than six years of sustained job growth. Then there are a handful of things he would prefer that we forget…
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