Talk of The Villages Florida - View Single Post - Cheer Up, Obama's Legacy could Be Erased
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Old 12-22-2015, 01:35 PM
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Default Cheer Up, Obama's Legacy could Be Erased



Obama aspired to be a transformative president and indeed to the nation’s detriment he has succeeded. The manner in which he made his accomplishments has been through executive orders, regulations and agency action.

Obama’s policies in changing immigration laws, blocking Keystone XL pipeline, the Iranian nuclear agreement, and the normalization of relations with Cuba were all done with executive action. Obama used troves of government regulations on policies he knew never would pass through Congress such as his climate change agenda, Labor Department’s rules on fiduciary standards, National Labor Relation Board’s that franchisees are joint employers, the EPA’s power grab over waterways, FCC’s attempt to regulate the Internet as a 1930 Telephone monopoly
Even legislation rooted in law was enacted with avoidance of program details and the granting of excessive and vast powers of related federal agencies, to wit: Afforded Care Act and Dodd-Frank

The good news is that at the beginning of the 2016 inaugural address the new president could sign an executive order rescinding all of Obama’s executive orders deemed harmful to economic growth or constitutionally suspect. The new president could then establish a blue ribbon commission to review all other Obama executive orders. Any order not reissued or amended in 60 days could be automatically rescinded. To accelerate this process the new president should name new cabinet and agency appointees before congress begins…… As congress debates repealing Dodd Frank , the new president’s appointees could ensure that no financial institution is too big to fail, that Federal Reserve bureaucrats are removed from corporate boardrooms………… The Affordable Care Act also grants substantial flexibility in its implementation, a feature Obama repeatedly exploited. The new president could suspend penalties for individuals and employers, enforce income verification requirements, ease the premium shock by adjusting community ratings, allow a different pricing structure inside the exchanges, and alter provider compensation which ultimately will yield to repeal and replacement.

Phil Gramm & Michael Solon Cheer Up, Obama’s Legacy Can Be Erased WSJ 12/21/15 Excerpts thereof

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