When we think about Obama's most pressing challenges, our minds turn immediately to the healthcare debate or the war in the Middle East. But behind everything on the president's place is a single demon. So what really is the biggest challenge facing Obama at the beginning of 2010? It's the economy, stupid!
First, with healthcare. As the Senate and House work towards a final bill in the conference committee, the most pressing issue on both sides of the aisle is cost. Even Democrats are wary of passing a measure that would augment the financial burden on the American people and the federal government. Republicans are refusing to support anything that would do so. Many analysts predict that the bill will ultimately fail. Thus, the slumping economy may claim its first victim. And with a single blow, it could cause catastrophic landslide of failed policies. Obama has lost a significant amount of political clout as deadlines have passed on the health care bill and 30,000 more troops have entered Afghanistan. As the shine wears off, it becomes less and less likely that he will be able to fulfill his ambitious campaign promises. Even now, there is rising skepticism among even Obama's strongest supporters. Many Democrats are threatening to either not vote or campaign for Democratic candidates in the mid-term elections. If Obama lost his majority in Congress, he will be lamed-up and wave goodbye to any chance at pushing his political agenda.
The economy is so deeply rooted in every aspect of American politics. Before he can address anything else, Obama has to tackle this beast.
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