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Obama Rebounds in December After Devastating November

President Obama has had a heckuva December, especially considering how dismal his November was. Just a month after suffering a midterm-election drubbing, he has bounced back with a renewal of the Bush tax cuts, repeal of Don’t Ask, Don’t Tell, and now ratification of New START. Oh, and he also issued his AfPak review, which endorsed the counterinsurgency plan being implemented by General Petraeus.

It is hard to imagine a more skillful triangulation, offering something to both the right (tax cuts, toughness on the war effort) and the left (letting gays serve openly, passing an arms-control treaty). Actually, I’m not sure how left-wing even his liberal achievements are, since a number of conservatives (myself included) endorsed DADT repeal and New START passage. Considering that he is probably the most liberal occupant of the Oval Office, he has done a surprisingly good job of moving to the center, as witnessed by the Republican votes he has managed to garner on DADT and New START — votes that were notably absent when he rammed his health-care bill through Congress.

The biggest challenge for the president in the 684 days remaining until the 2012 election is to address the two biggest threats to our long-term well-being: the ballooning national debt and the anemic pace of economic growth. He needs to work with the GOP Congress to cut spending, which will alienate his Democratic base; the economy will, I assume, rebound more or less on its own barring any more onerous regulatory or tax bills from Washington.

As for foreign policy, his biggest challenges are to make sure that the military campaign in Afghanistan progresses and that Iraq does not regress. He has caught an extraordinarily lucky break thanks to the Stuxnet virus, probably engineered by the Israelis, which seems to have set the Iranian program back another year or two. That means it’s very unlikely that Iran will go nuclear before the 2012 election — a calamity for which Obama would shoulder the blame. The biggest threat he faces is an unexpected crisis: e.g., war on the Korean peninsula or between India and Pakistan or a devastating terrorist strike on the American homeland as a result of a security breakdown. Barring such a calamity, and notwithstanding his weak poll numbers, I’d say he is looking like a prohibitively strong candidate for re-election — especially because there is not an obvious candidate of stature in the Republican ranks.

But of course, it’s still early. It is salutary to recall that in December 1990, George H.W. Bush had considerably higher poll numbers than Obama has today — 61 percent for Bush vs. 46 percent for Obama.