Please, go check out her latest. She writes so elegantly. If I wrote half as good as she did; I would be a multi-millionaire.
Peggy writes:
He faced big problems—an economic crash, two wars—but those crises gave him broad latitude. All of his stars were perfectly aligned. He could do anything.
And then it all changed. At a certain point he lost the room.
Books will be written about what happened, but early on the president made two terrible legislative decisions. The stimulus bill was a political disaster, and it wasn’t the cost, it was the content. We were in crisis, losing jobs. People would have accepted high spending if it looked promising. But the stimulus was the same old same old, pure pork aimed at reliable constituencies. It would course through the economy with little effect. And it would not receive a single Republican vote in the House (three in the Senate), which was bad for Washington, bad for our politics. It was a catastrophic victory. It did say there was a new boss in town. But it also said the new boss was out of his league.
I remember that well, very well. I remember thinking, “Why is Obama doing this backwards? Why is he spending and tinkering with health care, instead of working on making a climate for job growth?”
Indeed, Obama was over his head.
Remember this come November 6.