http://www.washingtonpost.com/wp-dyn/content/article/2010/01/05/AR2010010502989.html?hpid=opinionsbox1<snip>
Every Democratic president since Lyndon Johnson -- Jimmy Carter, Bill Clinton and Barack Obama -- has raised the hope that he would bring with him a new era of progressive reform. The legislative torrents of the New Deal and the Great Society -- a few brief years in the 1930s and the '60s that fundamentally reshaped the nation's economy and society -- are the templates that fire the liberal imagination.
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And each time, they have been disappointed. While Carter and Clinton could both point to progressive legislation enacted during their terms, many of their most significant achievements -- the deregulation of transportation, the consolidation and deregulation of finance, the abolition of welfare, the enactment of trade agreements with low-wage nations -- actually eroded the economic security that Franklin Roosevelt, Johnson and their congressional contemporaries had worked to hard to create.
Unlike Carter and Clinton, however, Obama took office at a moment when the intellectual force of laissez-faire economics was plainly spent. His reform agenda was nothing if not ambitious: health care for all, financial re-regulation, climate-change legislation and a Keynesian stimulus to revive a wounded economy. But as the first anniversary of his inauguration approaches, it's clear that despite the impending enactment of a genuinely epochal expansion of health care, a progressive era has not burst forth. Major legislation languishes or is watered down. Right-wing pseudo-populism stalks the land. The liberal base is demobilized. The '30s or the '60s it ain't.
The reasons for the stillbirth of the new progressive era are many and much discussed. There's the death of liberal and moderate Republicanism, the reluctance of some administration officials and congressional Democrats to challenge the banks, the ever-larger role of money in politics (see reluctance to challenge banks, above), the weakness of labor, the dysfunctionality of the Senate -- the list is long and familiar. But if there's a common feature to the political landscapes in which Carter, Clinton and now Obama were compelled to work, it's the absence of a vibrant left movement.
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