The Mudcat Café TM
Thread #115883   Message #2705764
Posted By: GUEST,beardedbruce
21-Aug-09 - 06:50 PM
Thread Name: BS: Popular Views: the Obama Administration
Subject: RE: BS: Popular Views: the Obama Administration
"By doing so much, so fast, Obama never sufficiently educated the public on the logic behind his policies. He spent little time explaining the biggest bailouts in U.S. history, which he inherited but supported and expanded. And then he lost crucial support on the left by not following up quickly with new and stricter rules for Wall Street. On Friday, New York Times columnist Paul Krugman echoed a concern widely shared among leading liberals. "I don't know if administration officials realize just how much damage they've done themselves with their kid-gloves treatment of the financial industry, just how badly the spectacle of government supported institutions paying giant bonuses is playing."


By doing so much so fast, Obama jammed the circuits on Capitol Hill. Congress has a hard time doing even one big thing well at a time. Congress is good at passing giveaways and tax cuts, but has not enacted a transformative piece of social legislation since President Bill Clinton's welfare reform of 1996. "There's a reason things up here were built to go slowly," said another Democratic aide.


By doing so doing so much, so fast, he has left voters — especially independents — worried that he got an overblown sense of his mandates and is doing, well, too much too fast. A Washington Post-ABC News poll published Friday found that independents' confidence in Obama's ability to make the right decisions had dropped 20 points since the Inauguration, from 61 percent to 41 percent. "


http://www.politico.com/news/stories/0809/26341.html