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Is Obama’s Honeymoon Over?

By: Joe Weisenthal
Source: businessinsider.com

The surprising poll numbers out of both the NYT and WSJ yesterday have fueled more of the “Obama is a lame duck” or at least “the honeymoon is over” chatter.

Megan McArdle: There’s a lot of sadness on liberal blogs these days.  What happened to Hope and Change?  Climate change is coming sometime next year, maybe.  Financial regulation also isn’t coming anytime soon, and what’s proposed is the minimum set of politically feasible propositions rather than a sweeping overhaul.  And health care?  What the @#%! is Congress doing messing around with expensive, incremental [expletive deleted]?  How can such a popular president be so powerless?

But two things are also clear:  the Democrats overestimated the boost they’d get from both the crisis and Obama’s popularity.  And they dissipated a hell of a lot of the money and political capital they’d now like to spend on the stimulus and the GM bailout.  They got very carried away with visions of 1932.
Did The GM Bailout Kill Healthcare Reform?


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