In 1930 shortly after the stock market crash Babe Ruth was
asked how he justified his $80,000/year salary which was greater than President
Hoover’s $75,000. The Babe replied that he had a better year. Ruth was the
highest paid player in the game.
The MINIMUM paycheck for a major league baseball player is
now $500,000. This exceeds Obama’s by $100,000. He’s also had a pretty bad
year. Yet even with his low approval rating of 28% he is still the most admired
man in the world according to a recent Gallup poll.
A ballplayer’s career, on average, is around six years.
After that he has to find a way to live on his accumulated millions and stay
out of trouble even if it is his middle name. It’s too easy to begrudge
athletes their outrageous salaries. The money is there for the grabbing and we
put it there by consuming what advertisers tell us to buy.
What to make of
Obama’s numbers? We must think well
of the man but regard him ineffectual as chief executive. My sense is that our president will receive higher marks by
historians than from our disgruntled left or maniacal right. An objective
assessment requires an amplitude of vision and historical sweep.
All our presidents claim credit or bear the brunt of the
times they preside over. Hoover didn’t cause the Wall St. crash though his
policies after it may have exacerbated the plight of millions. Clinton
accomplished very little but emerged in a positive light owing to the end of
the Cold War, tech boom, sub-prime housing loans, the illusion of non-existent
terrorist threats and a budget surplus. Forgotten are his de-regulation of
banks, free trade agreements which contributed to the Rust Belt, tightening of
welfare benefits and failure to pass healthcare reform.
Obama Inherited bank failures, oil spills, housing busts,
Congressional lynch mobs, auto companies on the brink, two insupportable wars
and virulent racism.
His presidency demonstrates the limits of the office. Our overseas misadventures continue even as he
pursues a policy of disengagement. The Pentagon and vast universe it contracts
with seems impervious to the direction of its Commander-in-Chief. There is an
untold story here. His over-reach on
security measures can be seen, in part, as a function of those forces.
The Affordable Care Act is flawed but perhaps not as much as
the Social Security Act of 1935. It was defunded by filibuster (Huey Long)
before it got started. There were no employment histories available at first.
The Social Security Administration was housed in an old un-heated Coca Cola
factory with rats running around. Woman and Blacks were virtually excluded due
to state’s rights provisions in the South. And all this with a heavily
Democratic Congress.
Presidential rhetoric rarely matches one’s deeds. In Obama’s
case he’d have been better advised not to open his mouth at all when pitching
his healthcare act or setting red lines regarding Syria. He is clearly not at
ease on the Bully Pulpit. He operates without the leverage of LBJ, the charm
and duplicity of FDR or the fire-in-the-belly of Theodore Roosevelt. He is, by
nature, a conciliator at a time when differences are irreconcilable. My wish is
that one day Obama be named to the High Court. If Hillary is elected may it be
so.
The fact that a certain athlete is currently rewarded eighty times the remuneration as the person in the Oval Office speaks
volumes about our values as a nation. Even if he had a better year….. and he
didn’t.