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6 months ago
With fiscal cliff looming, we can't sit back now that Obama's been reelected
The views expressed in this Op-Ed do not necessarily reflect those of Loop 21.
History was made yet again 10 days ago when Barack Obama became the first black president to win re-election. Since then, there has been lots of soul searching within the Republican Party, lots of commiserating, well, maybe not that much, but there has also been lots speculation about what is next for the president.
I recently attended a leadership development program, America’s Leaders of Change, and during the educational component of examining leadership, we focused on Barack Obama. At the time that the readings were assigned, the president had not yet won, the second debate hadn’t even happened, and if you listened to many people in the media, the president had a tough road ahead of him to get to the 270 electoral votes he’d need to win. Yet, there we were, discussing what the president should do next, and what his legacy would be.
While that might seem odd to some people, it made complete sense to me.
Two days after the election, the White House was back in business. Guaranteed to have their jobs for another four years, the staff was refocused, ensuring that the president’s vision and campaign promises would be realized. With a looming “fiscal cliff” and a Congress with questionable brakes, we’ve buckled up for what might still prove to be a bumpy ride.
The fiscal cliff is eminent on Jan. 2, 2013, unless legislators reach an agreement before then. It means that there will be cuts across the board, totaling approximately $109 billion per year. This includes discretionary programs, both defense and non-defense related, and could mean another recession and increased unemployment. It has been one of the president’s priorities since before the election and his staff continues to work diligently on it.