/* Google Analytics Code asynchronous */

Monday, December 6, 2010

Obama Blinks

Uh, I'm not the "professional left".

Is it an absolute problem that Obama extended the income tax cuts, temporarily, for economic reasons?

No, not fully. [An estate tax at 35% with a $5 exclusion is pretty eye-popping, however...100% of all capital purchases written off - equipment spending is already near an all time high, so is that really going to be stimulated or, more importantly, add domestic jobs?]

If all you are perceived to stand for is compromise, than sooner or later people don't think you stand for anything.
What is the problem is that he never took his case to the American people. There was no support for the GOP's position in the election results, yet the Democrats didn't pressure them. Instead, they staged votes, which is easier and also a focal point, but not leadership. He should have taken them to task for it. Doing so is NOT "cheap political points".

If all you are perceived to stand for is compromise, than sooner or later people don't think you stand for anything.

Unlike Reagan, Team Obama have yet to master the art of standing for something, yet being "Presidential", when it comes time to compromise or showdown.

For instance, if there are critical issues facing the nation - and they are, with millions scheduled to lose their unemployment benefits, the economic recovery dicey, and credit for housing under continual "new standards" assault from Freddie and Fannie - why didn't he address the nation? A press conference in Winston-Salem? Seriously, guys?

They have no sense of the moment. Little clear-cut vision of their role as Executive, as bully-pulpit-in-chief. Little idea how to manage expectations within their own party.

What's more, following his post-election admission that they rushed through things because of urgency and didn't take the time for 'public diplomacy', what's his excuse now? India? Lisbon? Afghanistan? This has been on the table since his campaign promise. Besides that, they are trying to do too much, still, so "the politics" of these weighty issues isn't being handled fully, in terms of the communications effort required, to support any change.

So, like George Soros, I'll just watch him muddle through, because it's clear that they still don't have their legs.