Obama Still Determined To Be One-Term President

July 12th, 2010at 07:19am Posted by Eli

Why else would he show so little interest in restoring the economy?

David Axelrod appeared on This Week and acknowledged that the Administration has little chance of getting anything beyond an extension of unemployment benefits through Congress between now and the election. That extension would appear to have 60 votes whenever Robert Byrd’s replacement gets into the Senate. But that jobs bill that had all the tax extensions and infrastructure funding and summer job money? Forget it. Aid to state Medicaid programs? Isn’t going to happen. Extending the COBRA subsidy to keep the jobless covered? Nope.

But it’s not all doom and gloom:

“There’s not a great appetite for it, but I do think we can get additional tax relief for small businesses – that’s what we want to do – additional lending for small businesses,” the President’s senior advisor said.

There’s always room for tax cuts!

But it’s not just that Obama’s given up on the economy – he’s also given up on making the Republicans pay any price for it:

[A]s Duncan Black says, there’s more than one way to make that shift [from stimulus to deficit reduction], especially if the economic team understands the importance of more stimulus to support the economy.

So let’s say Obama’s people have correctly deduced that there’s no chance in hell of getting anything through Congress. They have two basic options. First, they could get on the teevee every day and say, “This is my plan to help. Republicans in Congress won’t pass it.” They could hold rallies in Maine. Allies could run ads. At least people would know who is for and who is against…and just what it was that people are for or against.

Option two is back off proposals you’ve previously made and have Axelrod get on the teevee and say, “there is some argument for additional spending in the short-run to continue to generate economic activity.”

Surely the lead political strategist in the White House recognizes the political importance of assigning blame?

Or, maybe not.

This is not exactly surprising, coming from a president so eager to create a Pete Peterson-backed commission whose express purpose appears to be to gut Social Security in the name of deficit reduction.  So how many votes is Obama going to get in 2012 if the economy is still in the toilet and he’s given his blessing to Social Security cuts?  Yeah, good luck with that.

Entry Filed under: Economy,Obama,Politics,Social Security,Wankers


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