It was clear during the campaign that Obama was reluctant to confront the Reagan legacy on its basic terms, preferring to dryly characterize his governing philosophy as technocratic and competent. I think that was a mistake, since people really have no other framework within which to understand their problems, when things go badly, they have no other way of understanding it except for blaming "big government" for either causing it or failing to fix it.
Today, they may be angry at the banks, but they see the problem being that the government gave these institutions preferential treatment over them rather than that they caused this worldwide economic crisis with their irresponsible, swashbuckling, gambling culture --- which now must be regulated by the government.
I think most people see the recession, the banking crisis, unemployment and the rest as only a failure of government --- and they are assuming that the way to fix it is by making government smaller. After all, both Democrats and Republicans keep telling them that it's so.I'm very glad to see that Obama is finally taking some action against the banks. It is the Democrats' best hope of reframing the debate, although I think it's awfully late in the game. Today, he seemed to sideline Geithner and Summers publicly, but the question is whether or not he's finally figured out that they are part of the problem, not the solution.
I don't think Obama's words alone have enough credibility anymore to fix this. He's going to have to take some concrete action.
And Democrats are going to have to accept that need to attack the Reagan legacy more directly and make an affirmative case for government. I would have thought that was obvious, but the Democratic party and Obama himself seem to have believed otherwise.
If they persist with merely tweaking the Reagan legacy, they will find themselves in this same situation over and over again. As long as people see government as the problem, progressivism, liberalism, whatever you want to call it, will fail.http://digbysblog.blogspot.com/2010/01/problem-bu-digby-chris-matthews-with.html