The President touched down in Maine today, presumably as a “let’s be friends” gesture to Senators Collins and Snowe, two Republicans seen as possible allies in future political battles. Then it was off to Massachusetts, to share a “video op” with Governor Patrick (up for reelection this year) and to raise funds for the Bay State Dems. Officially, it was a swing north to survey the wreckage from the recent rainstorms, but Rhode Island, the hardest hit State, was not on the itinerary.
Does all that sound cynical? Well, I’m sorry, but there is no other way to put it. Barack Obama, whom I once praised as a latter-day Cicero, has shown himself to be just another pol. “I don’t believe the American people want to put the insurance industry back in the driver’s seat,” the President said today in Portland. Okay, Mr. President, we get it, we get it: The insurance companies are crooks. This follows the following stump statement: “I didn’t come down on the side of the banks and financial institutions; I came down on the side of the people.” We get that, too: Bankers are not to be trusted, because they are conniving “fat cats.”
Since the President is too smart to believe all that, a cynical reading is the only possible explanation. He demonizes banks and insurance companies because his pollsters tell him that’s the best line these days and it is much, much safer than talk about the deficit or Afghanistan or Netanyahu or the unemployment rate.
The thing he is missing, I think, is that when a businessman hears the President attacking banks and insurance companies (with gusto!), he takes it as an attack on all business. The President just doesn’t know that he sounds as if he has it in for the entire private sector – the sector he needs on his side if we are to mend our economy. He doesn’t get it, because, alas, this President has never run a business. Or even worked for a business.
Or take his speech the other day on reforming student loans. He bemoaned the fact that students too often graduate from college handicapped by a heavy debt load. So, said the President, he is riding to the rescue, capping a graduate’s annual repayment to 15 percent of his or her income. But, he added, if the graduate goes into public service - if he becomes, say, a politician or a community organizer - the cap will be set at only 10 percent. What kind of message does that send to the private sector?
But, to return to the point, this is a political animal, pure and simple. The timing, the self-deprecating humor, the over-all level of oratory is pure music, and you have to admire it. But when you listen to the lyrics, you understand that this is a committed leftist, dedicated to shifting as much power as possible from the private to the public sector. One hopes that the economy survives the assault, but the issue is in doubt
