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Obama’s consequential presidency draws to a close

Obama’s consequential presidency draws to a close

WASHINGTON: History will remember Barack Obama as America’s first black president. But his eight years in office have redefined America’s role in the world and seen a shake-up in US politics.

“How’s that hopey-changey stuff working out for ya?” sneered Sarah Palin, the defeated 2008 Republican vice presidential nominee.

It was February 2010, scarcely a year after Obama swept into the White House.

He had promised halcyon days of hope and change — an end to partisan gridlock and bloody expeditionary wars.

But he was struggling to live up to his own hype.

Obama’s first year in office saw four million Americans lose their jobs. Hundreds more lost their lives in “forever wars” in Iraq and Afghanistan.

Republicans and Democrats seemed as dislocated as ever.

Senate Republican leader Mitch McConnell, set the tone at the outset: “The single most important thing we want to achieve is for President Obama to be a one-term president.”

Obama had tried to temper expectations.

“We are living through difficult and uncertain times,” he said during an inaugural Congressional address that surprised with its gloominess.

But his own soaring rhetoric — at times on par with Churchill, Kennedy or King — had set the bar too high.

He wasn’t helped by the Nobel Committee, which made him a peace laureate months after he took office.

“I would be remiss if I did not acknowledge the considerable controversy that your generous decision has generated,” he said accepting the prize in Oslo.

Fast forward to the end of Obama’s labors and the economy is in a slow but steady convalescence.

Massive fiscal stimulus and historically unparalleled monetary easing — what former Treasury secretary Tim Geithner would describe as a “wall of money” — ameliorated the crisis, but the recovery was uneven.

The threat of jihadist attacks continues and wars in Iraq and Afghanistan rage, but with a much lighter US footprint and toll in blood.

If George W. Bush’s unilateralism had made him an international pariah, Obama’s pledge to cooperate and restore America’s reputation helped make him a rock star.

His credo that “no one nation, no matter how large or how powerful, can defeat such challenges alone” was met with adulation by 200,000 fans in Berlin.

At times, Obama seemed to positively embrace the end of post-war US hegemony.

He defined the national interest much more narrowly and eschewed intervention even when his own red lines were breached and America’s reputation was damaged.

The cost in blood and treasure of being the world’s policeman had been too great. The Great Recession had shown that commitment was probably unsustainable too.

Instead, he looked to allies to carry their weight in their neighborhoods. In Libya and elsewhere, the United States would “lead from behind.”

But his timing could scarcely have been more problematic.

The retrenchment of US power came as rivals became more bellicose and allies in Europe — beset by financial, social and security crises — were at their weakest and most parochial.

In Xi Jinping and Vladimir Putin, China and Russia had more powerful leaders than at any time since Mao Zedong or Leonid Brezhnev.

In Turkey, the century-long pro-western legacy of Mustafa Kemal Ataturk was unraveling.