What a breath of fresh air this sober analysis is after the rantings of Paul Krugman and utterly blinkered wishful thinking of Lara Marlow in the Irish Times and her other platforms.
Liberalism’s Glass Jaw by ROSS DOUTHAT in today’s New York Times calmly and coolly exposes the bubbly substance of everything that Obama stands for and shows us that the real problem with all this is not Obama himself but the fragile ideology he stands on. We can only hope that while he has been able to fool a majority of the people to get one term in office he will not be able to fool enough of them to get a second.
As Doubthat reads it, all of Obama’s signature accomplishments have tended to have the same weakness in common: They have been weighed down by interest-group payoffs and compromised by concessions to powerful insiders, from big pharma (which stands to profit handsomely from the health care bill) to the biggest banks (which were mostly protected by the Dodd-Frank financial reform).
It may have been an empty rhetorical gesture, but the fact that Romney could actually out-populist the president on “too big to fail” during the last debate speaks to the Obama-era tendency for liberalism to blur into a kind of corporatism, in which big government intertwines with big business rather than restraining it.
Doubthat does not mention his social policy “evolutions” and the concessions he has risked making to the gay lobby on marriage, the ease with which he has slipped into assuming that Christian consciences on sexual morality issues can be tossed around the ring like so many rag dolls. But he might have done. These were the cotton wool compassionate gestures which Obama has allowed to distract him from really grappling with the more difficult challenges of getting the country back on its feet.
One hopes that the American electorate will get well beyond the preoccupation which some in the media have tried to focus on – whether it is Romney as a “cold fish”, or Obama as a “wet fish” – and look at the real issues of substance which Doubthat summarizes here.