Is Obama blowing it?
Some liberals think so, says Ezra Klein:
Late last week, I was summoned to a windowed meeting room overlooking the White House to sit with members of one of Washington’s nimbler, smarter think tanks. The assembled thinkers tried to convince me that Barack Obama was missing a historic opportunity: The legislation that was traveling under his name was increasingly unlikely to bind the middle class to his presidency or party. Cap-and-trade was a mess. Health reform was going to fail on cost control. And what of jobs? Obama, they said, had to take a firmer hand with the Congress. His hands-off approach was a fiasco. Leadership matters. It’s important. It’s needed.
My spin: Where did it all start going wrong. A too small stimulus? Not nationalizing the banks? Picking Biden? And overshadowing all of this is an economy that will have poisonously high levels of jobless as far as the eye can see.