President Obama appears to be a pragmatic progressive. Maybe he is not as publicly attached to ideology as some liberals would like. In his first 100 days, the country has experienced a repudiation of the conservative spin on politics in America.
1. Reaganomics is Out. The idea that wealth will trickle down from the top has been repudiated. The country only saw the gap between rich and poor grow wider.
2. Deregulation is Out. The push to deregulate the financial markets has almost caused a “depression”. At least this recession is in part to blame on the push to “get government out of the markets” because “the markets will regulate themselves”.
3. Government is bad is Out. The idea that government is bad is no longer accepted by the mainstream public. The American public understands bad government is bad, but good government is necessary. Libertarians will need better arguments for their hands off approach. The average American is hurting and is counting on good government to rescue them.
The Larger Question: “Is this a genuine realignment of politics? Or a temporary swing to the left”?
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