Kiplinger.com Multimedia
Subscribe
Starting Out Investing Your Money Spending Wisley Your Retirement
Kiplinger.com Channels
Tools
Columns
E-mail Alerts
The Kiplinger Letter
Online Forum
Basics
Site Map
Kiplinger Store
Customer Service
Corporate Sales
About Kiplinger
Give A Gift

ABOUT THIS ENTRY
This page contains a single entry by Knight Kiplinger published on March 5, 2008 11:39 AM.

Clinton's Next Problem was the previous entry.

Find recent content on the main index or look in the archives to find all content.

About this blog

Subscribe to this blog's feed

EMAIL
DIGG
DEL.ICIO.US

DEMOCRATIC CAMPAIGN
Barack Obama: He's No John F. Kennedy

Comments (9) |

kennedyobama.jpg
 
I'
m beginning to hear more and more people compare Barack Obama to President John F. Kennedy.  Not surprisingly, those making this comparison are mostly too young -- or too little schooled in history -- to know how invalid the comparison really is.

 

Yes, there are similarities in rhetorical style. As  Kennedy did in 1960, Obama is inspiring idealistic young voters to get involved in the political process and public service. Like Kennedy, Obama is seeking to unite Americans of disparate races and backgrounds. Like Kennedy, Obama is a young man of great charisma and personal charm, but with a modest record of legislative accomplishment in the Senate, due to brief service.

 

And that's where the Kennedy-Obama similarities end. On the substance of their positions and policy inclinations, the differences are enormous. Of course, today's world is very different from the 1960s, and who can say for sure how Kennedy would have responded to today's issues?

 

Kennedy was a tax-cutting, free-trading, tough-on-communism candidate who won a razor-thin victory in 1960 by accusing incumbent President Eisenhower and Vice President Richard Nixon of letting the Soviets open a lead on the U.S. in nuclear missiles. Kennedy called for a big military build-up to close the "missile gap," and it began early in his administration.

 

In three years of very few legislative successes before his tragic murder in 1963, Kennedy did win enactment of major reductions in U.S. tariffs. He was a passionate believer in free trade. Obama, by contrast, is trying to win delegates in blue-collar states by threatening to roll back provisions of NAFTA, which President Bill Clinton championed but couldn't have  pushed through the Democratic Congress without significant GOP support.

 

Candidate and President Kennedy advocated deep cuts in income tax rates, and they were enacted by Congress after his death -- the boldest tax reduction until Ronald Reagan's cuts 20 years later. Those 1964 cuts dropped the lowest rate from 20% to 16%, and the top rate from a confiscatory 91% to a breathtaking 77%.

 

Obama, by contrast, proposes raising the top income tax rate back up to 40% and pushing the capital gains and dividend rate from today's 15% to something between 20% and 25%.

 

Candidate Kennedy called for an accelerated space exploration program to enable the U.S. to catch up with and eventually surpass the Russians. Kennedy lived to see American astronauts in space by 1962. Obama, by contrast, seems skeptical of the value of space exploration and would seek a slowdown in certain programs.

 

Kennedy's administration was full of Cold Warriors who were committed to thwarting Soviet and Chinese expansion in every sphere. In Cuba, he supported what today is called "regime change" and "preemptive war." The Bay of Pigs invasion of Cuba to overthrow Fidel Castro was conceived by the Eisenhower administration, but a recently inaugurated Kennedy approved going ahead with it; it was an embarrassing failure.

 

In a high-risk act of brinksmanship -- and his greatest foreign policy triumph -- Kennedy in 1962 imposed a naval blockade on Cuba, turned back a Soviet ship bringing nuclear missiles to that island off Florida, and forced the Soviets to remove recently installed missiles.

 

In the three years of his presidency, Kennedy backed the anti-communist regime in South Vietnam -- as did his Republican predecessors -- and introduced the first American combat troops there. (The big escalation of America's commitment in Vietnam, of course, would come under Kennedy's successor, Lyndon B. Johnson.)

 

While Kennedy was comfortable with projecting America's military might throughout the world, Obama is a leading proponent of a much more limited use of that might. He supports the campaign in Afghanistan to keep the terrorist-sponsoring Taliban out of power. But he believes the toppling of Saddam's brutal regime in Iraq was unnecessary and a terrible waste of U.S. resources.

 

To sum up: By today's standards, John Kennedy would be a moderately conservative Democrat, while Obama -- by all analyses of his Senate voting record -- is on the left wing of his party, on issues both domestic and foreign.

 

John F. Kennedy's real ideological descendant in the Democratic Party is Bill Clinton, not Barack Obama. Hilary Clinton falls somewhere in the middle. She once supported the conservative programs of her husband, such as welfare reform, free trade agreements and a tough stance against Serbian aggression in the Balkans.

 

Now, to try to win the Democratic nomination, she is drifting to the left, criticizing NAFTA and calling for higher taxes on the wealthy. If she manages to get the nomination, she would probably move back to the middle, as Bill Clinton did in 1992, to woo independents.

 

If Obama wins the nomination, he would be as liberal a Democratic standard-bearer as George McGovern in 1972,  Walter Mondale in 1984 and John Kerry in 2004. Compared with the winning moderate Democrats of recent years --Jimmy Carter in 1976 and Bill Clinton in 1992 -- the liberals fared badly, but perhaps today -- after 16 years of moderate-to-conservative administrations under Clinton and Bush -- Americans want something very different. 

 

Might Obama modify his current positions if nominated? Perhaps we'll know very soon. And how might he govern if elected president -- like a John Kennedy, a Bill Clinton, or something that tracks closer to his current more-liberal positions?

 

It is impossible to predict. We do know that the realities of governing -- dealing with a strong-willed Congress, even of one's own party, and grappling with unforeseen international crises -- change leaders enormously.

       

0 TrackBacks
Listed below are links to blogs that reference this entry: Barack Obama: He's No John F. Kennedy.

TrackBack URL for this entry:
http://blog.kiplinger.com/cgi-bin/mt-tb.cgi/63

9 Comments

Billy said:

Beginning to hear?

I can only assume you've been living in a cave. The J.F.K comparisons are a few months old.

I guess I won't be stopping here for up to the minute political commentary...


Wayne said:

He's no JFK huh. John F. Kennedy's own daughter and John F. Kennedy's own brother have compared Obama to JFK. I get the sense that they know JFK a lot better than you.

Diana said:

Wow. Very well thought out. You laid it all out without a hint of bias toward or against any candidate. The comparisons to JFK (mostly by Obama's surrogates) were starting to grate on me, as I'm almost old enough to know that it was a superficial and politically motivated comparison. No one has really gone to the depth you have. Thanks... you've given me something to think about.

Wayne said:

You cant compare JFKs policy positions to Obama because this is 2008..then was 1960 and the world is a much much different place. JFK was a free trader..thats great..but TODAY free trade has shown to cost Americans hundreds of thousands of jobs. Would JFK promote policies that hurt American economy? I doubt it.

J Pat Dyer said:

I agree with most of what you said but if I understood correctly you stated both Obama and Kennedy had "brief" legislative service.

Obama has been in the United States Congress for three years.

Kennedy at the time of his election as President had served in the U.S. Congress for 14 years. I wouldn't call that "brief".

As far as your reader refering to Caroline Kennedy's comparison of the two men, she was 5 when President Kennedy died.

Mr. B said:

"While Kennedy was comfortable with projecting America's military might throughout the world, Obama is a leading proponent of a much more limited use of that might."

Actually, Kennedy was not comfortable with projecting America's military might throughout the world. Sure, he wanted a strong military, but he much preferred back-channel negotiating over using his military. The best example of this is the Cuban Missile Crisis. All the hawks in his cabinet wanted him to bomb Cuba, but Kennedy refused and instead made a back-door deal with the Soviets to pull American missiles out of Turkey in exchange for getting Soviet missiles out of Cuba. Sounds like someone needs to do a little more research before writing such an article.

Carlos said:

I thought this was great.

Isn't it also true that Kennedy was more of a details oriented president? Maybe not to the level of Clinton, who famously steeped himself in the minutiae, but he was certainly more of a details than a CEO/vision type president, no matter how great his speeches. I think that contrasts with Obama as well, whose view of the presidency has been well articulated in debates, interviews, and his 2nd book. He definitely appears to be a CEO/vision type, where the president make the decisions, sets the vision, delivers the agenda. If anything, the most comparable president of this model is the current Bush, not JFK.

Larry said:

"Candidate and President Kennedy advocated deep cuts in income tax rates...

Obama, by contrast, proposes raising the top income tax rate..."

Liberal or conservative, there's a huge gap between the cost of the promises made by the government in Medicare and Social Security and the funds needed to pay for those promises. Estimated size of the gap in 2002: $45 trillion. Yes, trillion. Enactment of the Medicare drug benefit increased the gap to $51 trillion.

That gap must be closed. There are only four ways to do it:
1. Raise taxes
2. Cut benefits
3. Inflate the currency
4. Some combination of 1-3, above.

The longer we wait to address this problem, the greater the size of the gap and the more onerous and disruptive the steps needed to close it.

Renee said:

Why are you guys blogging politics? Aren't you supposed to be a personal finance website?

Leave a comment


RECENT BLOG ENTRIES

MORE POLITICAL COVERAGE FROM KIPLINGER