European opinion

When Barack Obama took the White House by storm in 2008, he made it clear from the beginning that a political program in America's interests could only be successful if it were not characterized by political entrenchment, but rather by coming together above party lines.

He called for an end to the disruption and the grueling conflicts between Democrats and Republicans, which had paralyzed the country and led to voter dissatisfaction.

But Obama's well-intended resolutions experienced a serious setback in the implementation of his first major project, the health care reform. Obama's ambitious vision - to make health care accessible to all - was picked apart in endless debates and votes. In the end, only a watered-down version was left.

A similar scenario is emerging in the current debate on raising the US debt ceiling and the impending threat that Washington will run out of money to pay its bills. (Source: DW, Rob Mudge heads the English service's background international team)


George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest

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