Politico highlights three blunders committed by the Obama Administration since taking office last year. Here are some excerpts:
• Obama and his team believed that the 2008 election represented something seismic — in other words, something fundamental and long-lasting — in the country’s governing landscape. They believed that the historical cycle had turned, that voters had not only rejected George W. Bush’s brash conservatism but also had moved beyond Bill Clinton’s tepid and defensive-minded progressivism.
• Obama believed that early success would be self-reinforcing, building a powerful momentum for bold government action. This belief was the essence of the White House’s theory of the “Big Bang.” Success in passing a big stimulus package would lead to success in passing health care, which in turn would clear the way for major cap-and-trade environmental legislation and “re-regulation” of the financial services sector — all in the first year.
• Most devoutly of all, the Obama team believed that there was something singular about the president’s appeal and ability to inspire.
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