For the first several months of his presidency, Obama has labored to deliver on that pledge. He pushed a controversial stimulus bill through Congress to help rev up the economy, turned Bush’s reluctant bailout of Chrysler and General Motors into a giant government auto buyout and appointed a record number of “czars” to help regulate bureaucracies in both public and formerly private sectors.
Then, Step 2. Obama is trying to fundamentally alter the American economy by backing sweeping environmental, labor and health care legislation. He wants to change the way Americans consume energy, unionize and see their doctors.
So far, he’s failing miserably.
I thinks it's too early to be talking failed Presidency especially given how well historically President Clinton turned things around after the 1994 mid-term elections and his failure to pass comprehensive health care reform. Stranger things have happened in politics.Read more: http://www.politico.com/news/stories/0909/27134.html#ixzz0RB3tOEQx