Now that his second term is secured, these are what I think are the most pressing things that require immediate attention.
1. Stopping global warming. Hint - it affects us all. Obama should make the US the leaders in figuring this out.
2. Settling the Israeli-Palestinian conflict. This involves a viable path to statehood for the Palestinians, security for the Israelis, and peace for both.
3. Enacting a 2nd Bill of Rights for Americans - including universal health coverage.
If he got these three things done, he'd be a true hero, and quite likely the greatest US President ever.
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