[Ed. – Phew, that’s reassuring, as the world burns.]
A question that faces president Obama, however the midterm elections turn out, is whether he’s going to play his final two years as the back nine of a casual afternoon of golf, coasting toward the clubhouse of former presidents, or as the final quarter of a tight basketball game.
When I was working with Steve Jobs on a biography in 2009, he had an inkling that he might only have a couple of active years left. As his cancer kept recurring, instead of slowing him, it spurred him on. In those two years, he refined the iPhone and launched the iPad, thus ushering in the era of mobile computing.
President Obama has scored two monumental achievements: helping to restore the financial system after the 2008 collapse and making it possible for every American to get health care coverage, even if they leave their jobs or have preexisting conditions. Obamacare may be undermined if the Supreme Court guts subsidies for the federal exchanges. If so the sweeping nature of the reform will survive only if Obama mounts a rousing, state-by-state campaign to rally passion for protecting the new health benefits.
As for rescuing the economy, this could be remembered as a hollow victory unless the recovery restores economic opportunity for all Americans. Growing inequality—of income, wealth, and opportunity—is the economic, political, and moral issue of our time. The fundamental creed of America is that if you work hard and play by the rules, you can support your family with dignity and believe that your children will have an even better future. But that is being lost as the middle class continues to be hollowed out and the poor get left further behind.