Saturday Open Thread [12.27.14]
“When will the improving American economy translate into higher approval ratings for President Obama? It will take time. But if recent trends continue, Mr. Obama’s political standing is likely to strengthen.”
“The lesson of history is that Mr. Obama will get credit if growth continues, but we should not be surprised if public opinion lags objective measures of the economy… We can see this process of the public starting to notice improvements in the economy in recent survey data.”
“There has long been a pattern to Barack Obama’s political career on the national stage. There are moments of soaring moral clarity and inspiration; there are long periods of drift or laziness or passivity; and there are often very good fourth quarters. The 2008 campaign was an almost perfect coda: the sudden initial breakout, then a strange listlessness as he allowed the Clintons to come back in New Hampshire, turning the race into a long and grueling battle for delegates, then a final denouement when he made up with the Clintons and stormed into the White House. Or think of healthcare reform: a clear early gamble, followed by a truly languorous and protracted period of negotiation and posturing, and then a breakthrough. Or marriage equality: an excruciating period of ambivalence followed by a revolution. On climate: a failed cap and trade bill … followed by real tough fuel emissions standards, new carbon rules from the EPA and an agreement with China.”
“If you were to track this pattern – strong start, weak middle, winning final streak – throughout his entire presidency, you might have expected his worst year to be the one when he was just re-elected and had the wind at his back. And you would be right. 2013 was truly awful. But you’d also expect his final years to be strong.”