In a move that can only be described as glaring vanity, I'm going to post something I'd originally posted as a response to a thread on Obama's squandering of political capital - mostly because I want it in my Journal.
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=8729205&mesg_id=8729205http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=8729205&mesg_id=8729655Let me say first that I stand with our President.
I think, in the final analysis, getting the 60th vote when Specter defected was a curse, not a blessing.
Political capital issue #1 is mostly falsely attributed to the President. He is blamed for the bailouts - which were started in the waning Bush days. However, he probably would have been better off opposing the TARK and urging fellow Dems to do the same, and simply had the Treasury take over the failed banks upon taking power. He was getting a lot of what I now consider bad advice not to do that.
Political capital issue #2 was the stimulus. At a time when many Americans lives were being ruined by mortgage debt, medical debt, and credit card debt, what does the President say is the answer? More debt. It was counterintuitive for a lot of people. These people thought they'd elected a really smart guy, and now he seemed really dumb.
Political capital issue #3 was HCR. Many of us voted for the President because of health care. However, we all had different ideas what that looked like. The President's opponents hated the idea of government intervention into health care, and showed no fear about calling it communism, socialism, anti-Americanism, isn't he really Kenyanism, and whatever other damn nonsense they could think up. They were funded and egged on by the rabid talkers and the health insurers. But we had 60 votes, didn't we? We had a chance to solve a 110 year old problem, yes? Well, sort of. By the time public option was done away with, the Cornhusker kickback was exposed, and the right started screaming about the cuts to Medicare (a socialist program they apparently embrace), what we came up with was, essentially, Romneycare. To make matters worse, it doesn't go into effect until 2013. The GOP will have this as a rallying cry to get everyone to vote out every Democrat for the next 2 1/2 years to ensure this bastard is stillborn.
Political capital issue #4 is and was the wars. We are ostensibly leaving Iraq, albeit very, very, slowly. We're doing something in Afghanistan which looks more like a police action without clear cut goals and less like a war with a clearly desired outcome. Conservatives were probably correct - he probably should have turned down the peace prize.
Political capital issue #5 I won't label because whatever I call it, I get attacked for being politically incorrect. On the day when President Obama was elected, marriage equality went down to defeat in California. People, many of whom worked hard to elect Obama and get marriage equality, got really, really pissed off. They got more pissed off when a new President, eager not to immediately alienate the military establishment the way Bill Clinton did, failed to act on DADT or take a clearly defined stand on this issue.
However, it is always darkest before the dawn. Clinton was at a similar low point at this time in his administration. There are several things the President can do now, while he still has a congress backing him, and several things he can do with a hostile congress.
He could immediately end DADT. It will piss off the right. So what?
He could offer Tim Kaine a new gig where he does less harm and bring back Howard Dean as DNC chair, or bring in Alan Grayson.
He could replace Robert Gibbs and Rahm Emanuel and begin setting a new tone between now and November.
He could give Petraus a clear goal and a clear deadline (like the end of October). After that, we go. It will piss off the right. So what?
He could start having DOL rigidly enforce overtime laws. Lots of companies (especially call centers and others with entry level "professional" employments) regularly skate these laws and force workers to work 50+ hours per week. Force these employers to hire on some more.
He could take the foreign policy stance with Mexico that if they can't keep the drug war on their side of the border, we're going to pull out of NAFTA.
He could immediately fire Arne Duncan and being in someone friendly to public schools and the NEA.
I'm sure there's more, but you get the idea.