Think of this as Volume 16, Number 46 of A-Clue.com, the online newsletter I've written since 1997. Enjoy.
The election of 2012 validated what I call the Obama Thesis of Consensus.
It's a politics built on the idea of compromise, on the need to come together and muddle through, despite our sharp divisions.
There is tremendous power in that.
But there are also limits, because none of the previous presidencies that changed America, as this President has changed America, ended well.
The men who have birthed each era weren't necessarily great men. Most of us believe Abraham Lincoln and Franklin D. Roosevelt to have been great men. But was William McKinley a great man? Was Richard Nixon?
All these men were, like Barack Obama, products of their time. Their politics were born in leaning against the assumptions of the previous generation. Obama was a Clinton-ite. Nixon stood with Eisenhower. FDR stood with Woodrow Wilson. McKinley was a Mugwump and of course Lincoln was a Whig, the party of Henry Clay.
Each President had to transform the anti-thesis that gave them political birth into something brand new, something that could answer for a new set of challenges. Each gained their opportunity because a fading economic order had taken over the political sphere, had captured Washington in the name of a scarcity that could not be maintained in any other way.
For Barack Obama, this is climate change and the War Against Oil, with fossil fuels the source of scarcity.
For Richard Nixon, it was technology and intellectual capital, with manufacturing productivity the source of scarcity.
For FDR, it was the tyrannies of the left and the right that had to be fought, but demand that was the source of scarcity.
For McKinley, unregulated monopolies were the source of scarcity, in that monopolists could change the price of industrial inputs at a whim and choke off growth.
For Lincoln, human labor was in artificial scarcity, and manufacturing could address it.
History claims these were not economic battles, but social and political battles. We talk about the Civil War, the Progressive Era, the New Deal, the 1960s, or the Age of Obama as though they emerged full-blown from some great leader's imagination. But they were all answers to economic pressures that manifested in demands for social and political change.
Every leader must surf through their times. They fight alligators, they don't see the swamp. But every new source of scarcity creates an economic swamp that only new political assumptions can address. Great Presidents start the process of draining a swamp.
All of which means that Barack Obama has now attained the political importance of William McKinley. Events yet to be seen will decide whether he goes further.
But history does not promise a happy ending.
Note what Lincoln, McKinley, FDR, and Nixon had in common? Three died in office, and the other was pulled down by his own hubris. Our chances of a Biden Presidency are better than 50-50. If Barack Obama survives his Presidency he will have beaten enormous odds.
Pray for our leaders and the United States of America.