A Waste of a Year

After the wasted first year of the Obama presidency, 15 million Americans, some 10% of the workforce, have no job. Many millions more are reduced to working part-time. Whole areas of the country, notably in the north and on the eastern seaboard, are industrial wastelands. Obama benefited in his campaign from an idiotic level of idolatry, in which most of the media participated. The root of his problem in government has been the management of expectations. As South Africa found in the Mandela years and beyond, vacuous promises of change are hostages to fortune if they cannot deliver improvements in the living conditions of the people.

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