Tags: Barack Obama | | obama | hope | election | campaign

WSJ: Obama Victory Triumph of ‘Hope Over Experience’

Wednesday, 07 Nov 2012 11:59 AM

By Dan Weil

President Barack Obama’s victory Tuesday doesn’t amount to any kind of game-changer, according to a Wall Street Journal editorial.

“Given that second presidential terms are rarely better than the first, this is best described as the voters doubling down on hope over experience,” editors write. “Mr. Obama will now have to govern the America he so relentlessly sought to divide — and without a mandate beyond the powers of the presidency.”

Republicans, for their part, easily maintained control of the House. “So their agenda was hardly repudiated,” the editorial states.

“The two sides will have to reach some compromise on the tax cliff, the spending sequester, and the debt limit, but House Speaker John Boehner can negotiate knowing he has as much of a mandate as the president.”

Most conservatives view Obama’s victory as a win for those who favor big government rather than those who produce in the private sector. And some believe “the middle class chose Mr. Obama's government blandishments over Mr. Romney's opportunity society,” the editorial says.

Wall Street Journal editors disagree. “We don't think such a narrow victory of an incumbent president who continues to be personally admired justifies such a conclusion,” they write. “Perhaps this fear will be realized over time, but such a fate continues to be in our hands. There are few permanent victories or defeats in American politics, and Tuesday wasn't one of them.”

© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Experts: Iran Now a Nuclear-Ready State, Missiles Capable Hitting US

Sunday, 01 Feb 2015 18:30 PM

Regardless of intelligence uncertainties and unknowns about Iran's nuclear weapons and missile programs, we know enough  . . .

Ben Carson: Obama Letting Islamics 'Destroy Us'

Sunday, 01 Feb 2015 16:26 PM

Dr. Ben Carson, an expected GOP presidential contender, said he wants to see the size of government reduced if he one da . . .

Justice Department Probes Moody's for Mortgage Deal Grades: WSJ

Sunday, 01 Feb 2015 17:32 PM

The U.S. Department of Justice is investigating Moody's Investors Services for issuing favorable grades on mortgage deal . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved