Informed Speculation

Okay, okay, I should get 10 minutes in the penalty box for using ‘meme’ in a headline, but yesterday, I suggested that the rails are beginning to come off the Obama presidency.  Today, I looked around and noticed I wasn’t alone.  We begin on the right with Victor Davis Hanson:

We are quite literally after two weeks teetering on an Obama implosion…

…This is quite serious. I can’t recall a similarly disastrous start in a half-century (far worse than Bill Clinton’s initial slips). Obama immediately must lower the hope-and-change rhetoric, ignore Reid/Pelosi, drop the therapy, and accept the tragic view that the world abroad is not misunderstood but quite dangerous. And he must listen on foreign policy to his National Security Advisor, Billary, and the Secretary of Defense. If he doesn’t quit the messianic style and perpetual campaign mode, and begin humbly governing, then he will devolve into Carterism—angry that the once-fawning press betrayed him while we the people, due to our American malaise, are to blame.

Well, okay, but that’s on the right…except it’s not all on the right.  Even MoDo(!) is concerned:

On 9/11, President Bush learned of disaster while reading “The Pet Goat” to grade-school kids. On Tuesday, President Obama escaped from disaster by reading “The Moon Over Star” to grade-school kids.

“We were just tired of being in the White House,” the two-week-old president, with Michelle at his side, explained to students at a public charter school near the White House.

Even as he told the children his favorite superheroes were Batman and Spider-Man, his own dream of being the superhero who swoops in to swiftly save America was going SPLAT!

It just ain’t that easy. …It took Daschle’s resignation to shake the president out of his arrogant attitude that his charmed circle doesn’t have to abide by the lofty standards he lectured the rest of us about for two years.

Before he recanted, his hand forced by a cascade of appointees who “forgot” to pay taxes, his reasoning was creeping perilously close to that of the outgoing leaders he denounced in his Inaugural Address: that elitist mentality of “we know best,” we know we’re doing the “right” thing for the country, so we can twist the rules.

Mr. Obama’s errors on the helter-skelter stimulus package were also self-induced. He should put down those Lincoln books and order “Dave” from Netflix.

When Kevin Kline becomes an accidental president, he summons his personal accountant, Murray Blum, to the White House to cut millions in silly programs out of the federal budget so he can give money to the homeless.

“Who does these books?” Blum says with disgust, red-penciling an ad campaign to boost consumers’ confidence in cars they’d already bought. “If I ran my office this way, I’d be out of business.”

Mr. Obama should have taken a red pencil to the $819 billion stimulus bill and slashed all the provisions that looked like caricatures of Democratic drunken-sailor spending.

As Senator Kit Bond, a Republican, put it, there were so many good targets that he felt “like a mosquito in a nudist colony.” He was especially worried about the provision requiring the steel and iron for infrastructure construction to be American-made, and by the time the chastened president talked to Chris Wallace on Fox Tuesday, he agreed that “we can’t send a protectionist message.”

Mr. Obama protested to Brian Williams that the programs denounced as “wasteful” by Republicans “amount to less than 1 percent of the entire package.” All the more reason to cut them and create a lean, clean bill tailored to creating jobs.

My God, that is truly stunning – did Maureen Dowd REALLY write that last paragraph?…I’m stupefied – and I couldn’t agree more!

Michael Hirsh of Newsweek also thinks Obama is wobbling – but his reasoning is absurd, as you will see if you read on:

Barack Obama began making his comeback Wednesday, apparently aware that he has all but lost control of the agenda in Washington at a time when he simply can’t afford to do so. Obama’s biggest problem isn’t Taxgate—which resulted in the Terrible Tuesday departure of his trusted friend, Tom Daschle, and the defanging of his Treasury secretary, Tim Geithner. Nor is the No. 1 problem that the president can’t seem to win a single Republican vote for his stimulus package. That’s a symptom, not a cause. The reason Obama is getting so few votes is that he is no longer setting the terms of the debate over how to save the economy. Instead the Republican Party—the one we thought lost the election—is doing that. And the confusion and delay this is causing could realize Obama’s worst fears, turning “crisis into a catastrophe,” as the president said Wednesday.

Obama’s desire to begin a “post-partisan” era may have backfired. In his eagerness to accommodate Republicans and listen to their ideas over the past week, he has allowed the GOP to turn the haggling over the stimulus package into a decidedly stale, Republican-style debate over pork, waste and overspending. This makes very little economic sense when you are in a major recession that only gets worse day by day. Yes, there are still some very legitimate issues with a bill that’s supposed to be “temporary” and “targeted”—among them, large increases in permanent entitlement spending, and a paucity of tax cuts that will prompt immediate spending. Even so, Obama has allowed Congress to grow embroiled in nitpicking over efficiency when the central debate should be about whether the package is big enough. When you are dealing with a stimulus of this size, there are going to be wasteful expenditures and boondoggles. There’s no way anyone can spend $800 to $900 billion quickly without waste and boondoggles. It comes with the Keynesian territory. This is an emergency; the normal rules do not apply.

But the public isn’t hearing about that all-important distinction right now. And by the time Obama signs a bill—if he can get one approved—many Americans may have concluded that the GOP is right and that the Democrats have embarked on another spending spree, as if this were just another wearying Washington debate. Judging from his flurry of TV appearances Tuesday night and his remarks Wednesday, Obama himself seems to have realized belatedly that he needs to stop empathizing and take charge. After trying to put the Daschle imbroglio behind him by frankly acknowledging that he, the president, “screwed up,” Obama reminded everyone of the urgency of the moment. “A failure to act, and act now, will turn crisis into a catastrophe and guarantee a longer recession, a less robust recovery, and a more uncertain future,” he said at the White House. Obama also sought to regain the moral high ground by announcing he would limit senior executive pay at bailed-out Wall Street firms to $500,000. “We’re taking the air out of the golden parachute,” Obama said, adding that it was only “the beginning of a long-term effort to examine the ways in which the means and manner of executive compensation contributed to a reckless culture …” That’s a step in the right direction. But now Obama needs to remind the American people that unless the Republicans get on board, they will bear political responsibility for failing to act in the face of the worst economic crisis since the Great Depression.

Proof that that Team Obama and his party are losing the debate can be found in a new poll out Wednesday. The Rasmussen Reports survey found that, even though Obama still has a very high approval rating, only 37 percent of Americans now favor the stimulus legislation, compared to 45 percent two weeks ago. The results were similar to a recent Gallup survey that found just 38 percent of voters now support the recovery plan. Mitch McConnell, the GOP Senate minority leader, hinted Wednesday that Obama has lost control of his own Congress. “The president has tried to set some priorities. Unfortunately, Democrats just keep throwing more money on top of an already bloated bill,” McConnell said on the floor.

So let’s break down Hirsh’s argument: Obama is losing control because Republicans object to pork in a stimulus bill that was supposed to create jobs – and it’s the Republicans’ fault!  Let’s revisit a passage from above again:

When you are dealing with a stimulus of this size, there are going to be wasteful expenditures and boondoggles. There’s no way anyone can spend $800 to $900 billion quickly without waste and boondoggles. It comes with the Keynesian territory. This is an emergency; the normal rules do not apply.

So you see, when you are in an economic crisis, the Starship Enterprise enters the Keynesian zone, where normal rules do not apply, and wasteful expenditures and boondoggles are simply unavoidable – they just materialize in the transporter room, as surely as Scotty will curse the weakening dilithium crystals before the episode is out.  No one is to blame – least of all the Democrats who inserted the pork!

That is the single stupidest piece of punditry since WaPo’s Cohen piece trashing the teaching of mathematics.  And it didn’t stop there – Hirsch goes on to assert that if the congressional Republicans don’t back this pork-laden, protectionist bill (a bill now favored by a mere 37% of the population), well, then, it’s THEY who will bear the blame for the economic crisis!  Because, you see, this bill and only this bill, in its current form, with no modifications, is the ONLY solution to the crisis facing us, and to stand up for a better bill and make changes is just plain irresponsible.

It takes a real artist to fashion crap like this and get paid for it.  I salute Mr. Hirsh – he is a perfect symbol of the stimulus mess and a great journalistic proxy for Reid and Pelosi – not only dead wrong, but self-righteously wrong to boot!…