Where are these "American People" that WANT corporations to not pay taxes?!?
At no point did Obama bypass the check and balance system. The Supreme Court was never compromised, for example. Again, its all too simple and is a smokescreen.
I do think it helps to illustrate the failures of running an economy by people elected in a popularity contest that attempt to navigate centuries old laws. The GOP was no better. I mean come on-McCAIN?!?! A grurabling old war vet, stodgy with a history of infidelity? That's gonna win over millions of tarRAB in designer jeans?
I don't know what happened after Reagan and Bush 1. Even Bush 2 (gaffes and bungles aside).