7 Reasons Obama Should Run for Re-Election

The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage.

NEW YORK ( TheStreet) -- To borrow from the old blessing or curse, we live in interesting times. The world economy is a mess, unemployment is hovering at near-record levels, and the federal government seems incapable of passing even the most obviously needed legislation. Our climate is changing, wars and famine rage across the globe, terrorism remains a serious, unpredictable threat to much of the civilized world. What sane person would want to be President now?

Apparently, President Obama does. And, although his detractors are suggesting, politely or otherwise, that he call it quits after one term, for the sake of the nation he really needs to run again. Here's why:

1. He has a vision. In the finger-pointing cacophony of Washington, it's easy to lose track of what any one politician has to say, even if he sits in the Oval Office. But President Obama has offered a clear, comprehensible vision of how he intends to shape America. Picture a strong economy, well-paying jobs for American workers, a resurgence in U.S. manufacturing, cleaner energy choices, a rejuvenated infrastructure, well-educated children and foreign policy that earns the respect of the world. It's what President Obama says he's working to achieve, and it's a vision deserving of the voting public's support.

2. He's an effective advocate. President Obama is nothing if not a compelling speaker, and he makes the case for his vision clear. He's energized millions of Americans who might well have stayed home if they hadn't come out to vote for him. Their opinions matter too, and they deserve a second chance to make them known.

3. He gets things done. It's easy to criticize Washington as a place where posturing vastly exceeds production. But, despite ferocious criticism from his opponents, President Obama has managed to push through health care reform, a stimulus package that mitigated the economic crisis, a process to address the problems of Gulf residents in the wake of the BP oil spill, confirmation of a new Supreme Court Justice, a boost to the nation's debt ceiling, and a myriad of other programs and improvements. (If anything, his critics probably wish he'd been less successful.) Are his programs perfect? No -- and neither is any other human endeavor. President Obama has achieved a great deal in the past few years, however, and deserves credit for his successes.


4. His work's not finished. President Obama inherited an epic mess. From expensive, off-budget wars in Afghanistan and Iraq to a banking system corrupted by subprime mortgages, the nation's economy was set to implode before Obama ever took the oath of office. Deregulation had hamstrung federal agencies ranging from the Environmental Protection Agency to the Federal Aviation Administration. It took more than four years to get us into this mess, and it would be downright unreasonable to expect the Obama Administration to get us out in a single term.

5. The world is watching. When President Obama was elected, the rest of the world went wild. He was even awarded a Nobel Peace Prize (though the committee's reasoning for giving it to him so early in his term was by no means crystal clear). President Obama has made major strides in repairing strained relations with other countries, and he's well-respected outside the U.S. If he doesn't run again, that could tell the world that Americans really don't care how we're regarded abroad ... not a good message at a time when we're asking the rest of the world to put its blood and treasure into the battle to defeat terrorism.

6. He has no peers. There are probably Democrats who would be offended to hear this, but if President Obama chose not to run for re-election, there would be no obvious candidate to fill the void. Odds are good that the Republican nominee would easily win. There are undoubtedly voters who would love to see that happen but, if President Obama wouldn't, he'll need to run again.

7. The voters deserve a choice. President Obama's approval ratings have fluctuated wildly since he took office. If he runs for re-election he may well be defeated. But the American people won't have a meaningful opportunity to weigh in on his record if he doesn't give them a chance to vote for him. Having gone this far with him, the American people deserve a chance to decide whether they'll continue down the road with President Obama or take the country in a different direction.

Will President Obama run for re-election? Probably. Should he run again? You bet.

This commentary comes from an independent investor or market observer as part of TheStreet guest contributor program. The views expressed are those of the author and do not necessarily represent the views of TheStreet or its management.

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