Article first published as Immigration Reform Another Grasp for Stability from  Obama on Technorati. 
Today, July 1, Obama brought one of the key campaign issues of 2008:  immigration reform.  Taking a shot at Arizona's controversial new law  (which will take effect at the end of this month), he said "These laws  also have the potential to violate the rights of innocent American  citizens and legal residents."  This change of priorities for the  president comes on a day which saw a nearly 300 point swing in the Dow  Jones Industrial Average, and may be an attempt to secure certainty in  at least one area as the mid-term elections approach.
Certainty has been a hobgoblin for Obama.  Entering into his  presidency with the clear and simple goal of closing Guantanamo Bay  detention camp, his administration has had trouble closing the deal,  facing such problems as where to relocate prisoners. Many of the  problems with an instant closure are detailed here.
Then, healthcare reform took center stage, and, though the Democrats  had a majority in both houses, congress had difficulty passing what is  now colloquially referred to as "Obamacare," extending the congressional  debates into the Christmas recess.  Though it was finally passed and  signed into law, Obama gave many concessions, and its full  implementation is still uncertain.  Perhaps most concerning is its  unknown effect on the economy.
Throughout his presidency, the economy has been in the public  spotlight.  Never wavering from the Keynesian ideals of lower interest  rates and increased government spending on infrastructure, Obama  maintains that increased government spending will pull America out of  recession, into recovery and prosperity.  However, the rest of the world  disagrees, leaving Obama alone at the G20 summit arguing for increased  spending.  With conflicting actions from world governments and an  optimistic government contrasting a concerned public, there is little  doubt that volatility will remain king on Wall Street and around world  markets.
Will immigration reform provide the stability that Democrats need to  win in the fall elections? With Republicans and Democrats in little  agreement, and other issues on the public mind, probably not.  Obama,  along with the Democrats, has spread himself too thin over a variety of  domestic and foreign policy issues, and the economy is bringing his  popularity down.
 
 
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