After coming off of a boost in ratings from his efforts in reaching across the aisle, President Barack Obama has at least two more years to make good on campaign promises and commitments to the American people about doing more to bolster the dwindling economic outlook.
Based on polls, town-hall meetings, and media reports, the current consensus is that more jobs are needed in order to jump-start the economy. The concern centers on ways the administration can build on the bipartisan support it received recently. During that rare moment, Obama succeed in passing certain health care provisions once the Bush tax cuts were resolved.
Obama's New Year's resolution, based on his weekly address, is to do what is necessary to build jobs in the country. Let's take a look at what has to happen to maintain his marginalized support from Republicans:
Â• Domestic jobs - Obama has to find ways to prevent jobs in the country from going overseas where wage demands are not at a premium.
Â• Balance act - Facing a Republican-controlled House and a Democratic-controlled Senate, the president must find more ways to concede his party's agenda to garner continued support from the Republicans.
Â• Gas Price/Alternative Energy - Analysts believe that with the growing cost of oil, companies will merely pass the cost on to consumers in the form of higher retail and service costs. This translates to a tightening up of the economy as consumers avoid large purchases like homes and cars. As China increases its demand for oil, the U.S. must find alternative forms of energy, according to the Huffington Post.
Obama's New Year's Resolution has all the elements of good intent. After all, every sitting president often has to contend with the economy. It becomes a thorn in their side that is characterized by a deficit. It's nothing new.
However, after coming off an unprecedented recession since the Great Depression, our economy cannot be tested any time soon as the shock of it all is still lingering in the minds of Americans.