Meet the New Boss

Obama will rely on executive powers and regulations if Congress goes Republican

"It's fair to say that the next phase is going to be less about legislative action than it is about managing the change that we've brought," White House senior advisor David Axelrod said in an interview.. . .

With healthcare and financial regulatory packages passed, the Obama administration is now focused on putting the measures in place, which could change the way Americans get medical treatment, take out mortgages and deal with banks and credit card companies.. . .

So the best arena for Obama to execute his plans may be his own branch of government. That means more executive orders, more use of the bully pulpit, and more deployment of his ample regulatory powers and the wide-ranging rulemaking authority of his Cabinet members.

Meanwhile, with all the King's horse and all the kings men he hasn't been able to get the economy going. As long as people are wary about what his next move will be, no business in its right mind is going to take any risks like hiring new workers. It isn't that they don't have the money, it's that they don't have a sense of what taxes and the cost of benefits are going to be. In fact, they have two choices for dealing with Obamacare, drop insurance benefits or ask for a waiver, but there won't be too many of those, or the whole scheme is vitiated.