Inadequate to the task so far

The airstrikes aren't cutting it, according to a Syrian IS member:

In an exclusive interview with CNN, a Syrian ISIS fighter using the pseudonym Abu Talha said the militant group has been preparing for such attacks.
"We've been ready for this for some time," Abu Talha said. "We know that our bases are known because they're tracking us with radars and satellites, so we had backup locations."
He taunted the U.S.-led coalition that has been pummeling ISIS targets in Syria over the past week, including attacks on mobile oil refineries and vehicles.
"We have revenues other than oil. We have other avenues, and our finances are not going to stop just because of oil losses," the 28-year-old militant said.

"They thought they knew everything. But thank God, they don't know anything. And God willing, we will defeat the infidels."
Abu Talha said he was among the ISIS fighters who took over Mosul, Iraq's second-largest city, in June.
He said even if coalition attacks impede ISIS, they're not enough to stop ISIS' mission of fortifying an Islamic state across Sunni parts of Syria and Iraq.

"They hit us in some areas, and we advance in others," Abu Talha said. "If we are pushed back in Iraq, we advance in northern Syria. These strikes cannot stop us, our support or our fighters." 

Which is why IS is now at the outskirts of Baghdad:

US air strikes are failing to drive back Isis in Iraq where its forces are still within an hour’s drive of Baghdad.

Three and a half months since the Iraqi army was spectacularly routed in northern Iraq by a far inferior force of Isis fighters, it is still seeing bases overrun because it fails to supply them with ammunition, food and water. The selection of a new Prime Minister, Haider al-Abadi, to replace Nouri al-Maliki last month was supposed to introduce a more conciliatory government that would appeal to Iraq’s Sunni minority from which Isis draws its support.

Mr Abadi promised to end the random bombardment of Sunni civilians, but Fallujah has been shelled for six out of seven days, with 28 killed and 117 injured. Despite the military crisis, the government has still not been able to gets its choice for the two top security jobs, theDefence Minister and Interior Minister, through parliament.

The Most Equal Comrade may be trying to pass the buck (and drawing a lot of ire for doing so) to the intelligence community for not accurately assessing IS's rapid rise - and Clapper et all do indeed bear a fair amount of culpability -  but it doesn't hold up as the main explanation for post-America being asleep at the switch on this, given the MEC's having had accurate intel about the matter as early as before the 2012 election.

Then again, maybe it went in one ear and out the other, which would fit with the lackadaisical attitude demonstrated by his missing over half of his daily intel briefings during his second term.

So, for the moment at least, he's irrelevant to what's going down.  Any bets on whether he has a revelation and comes to understand the gravity of the situation?  I didn't think so.  In the planned-decline, post-American economy, it behooves all of us to hang on to what money we have.

UPDATE: Factor in Marie Harf's "Im-sure-even-ISIL-was-surprised" remark, and an even fuller picture of our plight emerges.