美國經濟

Obama pays price of standoff

As Barack Obama celebrates his 50th birthday on Thursday, there is no shortage of things he could wish for. Liberals in his political base see him as a pushover who was outmanoeuvred at every turn in the standoff over the debt ceiling; the US economy appears to be stagnating; and the president’s poll numbers hit an all-time low this week.

Some are questioning if the man who sailed into the Oval Office as an agent of change has instead been changed by the ways of Washington. A Pew research poll showed that 72 per cent of US citizens summed up the budget standoff with words like “stupid” and “disgusting”, and a third have come away from the ordeal with a diminished view of Mr Obama.

His hand seems weakened, not just because his policy objectives were overridden by Republicans in the final agreement to raise the debt ceiling – indeed, most US citizens agree with the president’s call for tax increases, according to the polls – but by the impression that he has failed to lead.

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