Obama is NOT going to ignore the filthy hands who feed him:
All presidential campaigns over-promise. But the perception that Obama must radically pare back his ambitious spending proposals--a perception widely shared in Washington--makes several fundamental errors. For one thing, it misunderstands the nature of a Wall Street "bailout"--which, properly constructed, shouldn't seriously deplete federal funds. More important, the conventional analysis ignores the fact that we face deep economic problems besides the financial crisis--problems that only government can fix. The case for Obama's spending agenda hasn't suddenly become weaker. If anything, it's actually grown a bit stronger.
This guy has no clue where Obama's true loyalties lie. If Cohn were actually writing about a real Democrat, the advice would be on the mark.
But not with Obama.
More:
But Obama's personal commitment may count less than his political skills. More conservative voices, including many in Obama's own party, will insist the budget cannot accommodate such spending. In other words, they will act like it's still 1993. To persuade them otherwise, Obama would do well to remind them that their party has pursued different priorities before. Back in 1932, Franklin Roosevelt promised a balanced budget, then presided over one of the most famous federal spending binges in history. That turned out well, both for the party and the nation. There's no reason it can't happen again.
The problem is Obama is no FDR; he would likely be the Calvin Coolidge of the Democratic Party.
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