McCain and Obama have been battling for two years, in order to take the throne of the highest power of the United States, the presidency. The more power one has, the greater responsibilities one has to take. The new president will take on an office that has to deal with the worst economic situation since Roosevelt became president in 1933; the mistake of the Iraq War; the threat of terrorist attacks and the need to reassert the international status of the United States.
According to an ‘analysis’ article in the Wen Wei News of Hong Kong, the financial tsunami has swept through the entire world; the entire stock market is lingering on the verge of collapse; consumer confidence has fallen to its lowest point; and the rate of unemployment is rising. The 10-trillion dollars of gross national debt adds a further trouble to this list. There is growing discontent within other nations towards the United States which has served to significantly decrease much of its influence. The paramount task of the new president is to promote the 700 billion dollar financial rescue plan, thus reviving the economy of America – as well as the world in general.
The new president has to handle the wars in Iraq and Afghanistan whether to withdraw troops or inject new ones. He is bound to have lengthy business with both Congress and the terrorists. At the same time, he has to maintain relationships with alliances in relation to the Iraq War and is facing a Russia that is growing in strength.
In the 77 days from being elected to being inaugurated, the new president has to decide on a managment task force. This includes a national security team which will handle terrorist threats and a financial secretary who will lead the rescue of the economy. According to Clinton’s former chief-of-cabinet, never before in modern history has a new president had to tackle so many crises at one time.
In the longer term, the new president has to address reform of the medical insurance system. If the existing medical insurance system is allowed to continue as it is, the United States will face prolonged expenditure of thousands of billions of dollars for its elderly. Any proposals put forward to deal with the problem will be met with powerful repercussions. Less ‘hot’ agendas, such as illegal immigration and education have not been emphasized by either candidate.
Looking on the bright side, presidents, such as Lincoln and Roosevelt, who are able to resolve tough issues will be considered great in history. As the saying goes: heroes are born in hard times.
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