Obama needs to radically change the focus of his administration from advancing a range of wise broad policies (a good thing in the abstract) to narrow economic crisis management.
This is essential as national policy and also essential
politically.
The calculation was made coming in that maybe the economy wasn't
that bad and since major policy stuff usually has to go through in year one the grim realities should be finessed for a greater good.
And that's fine. An understandable calculated risk.
But the economy is that weak and the administration has lost much credibility with the public. Though individual Republicans are not beloved, republican ideas (sic) are regaining currency... sometimes even in the WH. And those pug notions of lower govt spending, less money supply and higher interest rates to fight inflation that doesn't exist will, if they win the day, wreck this country for a generation.
Obama needs a second honeymoon to deal with pressing economic issues. Congress doesn't want to spend a nickel. The pubic doesn't want to spend a nickel. That
must change.
Suggestion: Very humble, straightforward address to the nation. Trade on likability, sincerity and what's left of his outsider status.
This economy is kicking everyone's ass. It's kicking yours and its kicking mine. The signs of recovery we have been seeing are weak and unsustainable and if we do not act in strong, and maybe even a little uncomfortable, ways your live will be harder for years and years, your children are going to earn less than you and the national debt will never be reduced. The situation is that bad, people. I must admit to you--the people who pay my salary--that we should have done more already. And more help should have gone to you the people, and less help to big corporations.
I could blow smoke at you about how these top economists said this, or Congress wouldn't cooperate with that, but excuses won't put food on your table or send your kids to college. The buck stops on my desk. We need to do more than we have done and that is on me. That is going to change... I am requesting x, y, z.