But is the job of President of the United States too much for him to handle?
Is he, in other words, a wimp?
It's not hard to find editorial writers across the country who believe Mr. Obama lacks the persona to succeed as president. As an example, check out what one columnist writes in today's St. Louis Post-Dispatch.
Consider the debacle with the debt ceiling. The Democrats wanted to raise taxes on people making more than $250,000. The Republicans wanted to cut spending.
Obama said he'd go along with spending cuts if the Republicans would agree to some tax hikes. He was negotiating from a position of strength. The Republicans controlled only the House. The Democrats had the White House, the Senate and, more importantly, the people. Poll after poll showed that a majority of Americans favored raising taxes on the wealthy.
But it was Obama who backed down.
This was a fight he could have won. Consider hedge fund managers. On their earnings, they pay at the capital gains rate of 15 percent. According to a story last week in the Toronto Star, the top 25 hedge fund managers took home an average of $880 million last year. According to that same story, closing the loophole for hedge fund managers would save the Treasury $20 billion over 10 years.
Obama didn't think he could win that argument? He didn't just lose, either. He was pushed around. The speaker of the House wouldn't return his calls. Obama whined a little and turned the other cheek.