Cross-posted at the Left Coast Rebel

The many truths in this piece have been repeated at this site hundreds — if not thousands — of times since the 2008 election. By almost every measurement, historical metric, and otherwise, Barack Obama is an absolute failure as president of the United States of America.

Maybe that’s why Europe still loves him so?

This piece is so seemingly unlikely in that it heralds from the Obamanation’s home town of Chicago, Illinois.

Steve Chapman, writing today at the Chicago Tribune:

I checked the Constitution, and he is under no compulsion to run for re-election. He can scrap the campaign, bag the fundraising calls and never watch another Republican debate as long as he’s willing to vacate the premises by Jan. 20, 2013.

That might be the sensible thing to do. It’s hard for a president to win a second term when unemployment is painfully high. If the economy were in full rebound mode, Obama might win anyway. But it isn’t, and it may fall into a second recession — in which case voters will decide his middle name is Hoover, not Hussein. Why not leave of his own volition instead of waiting to get the ax?

It’s not as though there is much enticement to stick around. Presidents who win re-election have generally found, wrote John Fortier and Norman Ornstein in their 2007 book, “Second-Term Blues,” that “their second terms did not measure up to their first.”

Obama stepping aside?

I don’t think this will ever happen because this bunch — Chief Obama and the cronies that surround him — will never give it up. Not to mention the billion-dollar campaign surrounding the re-election effort and all of the begging hands connected at the hip to Obama’s wealth-spreading schemes.

It’s still quite fascinating to witness the capitulation of the left side of things these days. They were all-so-gullible in being the useful idiots for this man’s socialist cause and are now collectively gnashing their teeth weeping in dismay as “their man” and the entire progressive agenda is torn apart by both the economic conditions they have created and the unsurprising backlash and subsequent national consensus on what is happening.

“What went wrong?,” Team Obama, the Democrat party, leftists, socialists, Kook-Aid drinkers far and wide ask.

I’d say it’s pretty obvious. Too Big of a Socialist To Fail has resolutely failed. And we are now paying the price and so is the man and his collective apparatus. We will heal but it will take some time. The debt will remain as will much of the damage done but America will have learned her lesson, if not for at least a decade or two.

Then, like a dog returning to its own vomit, we will try the easy-way-out.

More at Memeorandum.

Updated: Why not turn your neighbor in to the Orwellian Thought Police and report this scathing post to the latest Obama Co. epic fail: AttackWatch.com?

Updated Again: Didn’t note that Steve Chapman is also an editorial board member at the Chicago Tribune. That makes the piece even more significant.