I had low expectations for Obama as I always viewed him as a fairly conventional insider. But by any measure, his presidency has been a huge disappointment. It’s true that Obama inherited a terrible economy, but his policies were timid — which is no surprise given that his economic team was composed almost entirely of the same bankers and Wall Street insiders who paved the way for and profited from our bubble economy. ...
Then there was the health care reform bill, that took more than a year to pass and whose primary beneficiaries were the lobbyists who got paid billions to water it down. The bill does almost nothing to control costs and left the insurance industry in charge of the system. And for that very reason, the industry will be able to contrive loopholes that minimize the impact of the few good measures left in the bill.
And, from that earlier column:
I recall a remark made by Studs Terkel in 1980, about the liberal Republican John Anderson, who was running as an independent against Ronald Reagan and Jimmy Carter: “People are so tired of dealing with two-foot midgets, you give them someone two foot four and they start proclaiming him a giant.” In the unstinting and unanimous adulation of Barack Obama today, one wonders if a similar dynamic might be at work.
I know that now, four years later, Silverstein at least isn't "wondering" about that dynamic.
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