Reidblog [The Reid Report blog]

Think at your own risk.
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Tuesday, May 31, 2005
Your capital's no good here, sir
"I earned capital in the campaign, political capital, and now I intend to spend it. It is my style."
-- George W. Bush following the 2004 election.

"Six months later, according to Republicans and Democrats alike, his bank account has been significantly drained." -- Washington Post article May 31st.

The longer George W. Bush remains in office, the more he looks like the itinerant son of a Third World dictator: who cannot be kept from power, but who proves time and again that he lacks the wisdom to use that power wisely...

Case in point: WaPo runs the story today that in the minds of many analysts -- Democratic and Republican -- Bush's political capital is all-but spent. Well that's been said before, and this guy keeps coming back, like the terminator, so we'll see if the MSM can keep itself from kissing up long enough to lt this C.W. hold, but for now, this is where it is.


Two days after winning reelection last fall, President Bush declared that he had earned plenty of "political capital, and now I intend to spend it." Six months later, according to Republicans and Democrats alike, his bank account has been significantly drained.


In the past week alone, the Republican-led House defied his veto threat and passed legislation promoting stem cell research; Senate Democrats blocked confirmation, at least temporarily, of his choice for U.N. ambassador; and a rump group of GOP senators abandoned the president in his battle to win floor votes for all of his judicial nominees.


With his approval ratings in public opinion polls at the lowest level of his presidency, Bush has been stymied so far in his campaign to restructure Social Security. On the international front, violence has surged again in Iraq in recent weeks, dispelling much of the optimism generated by the purple-stained-finger elections back in January, while allies such as Egypt and Uzbekistan have complicated his campaign to spread democracy.


The series of setbacks on the domestic front could signal that the president has weakened leverage over his party, a situation that could embolden the opposition, according to analysts and politicians from both sides. Bush faces the potential of a summer of discontent when his capacity to muscle political Washington into following his lead seems to have diminished and few easy victories appear on the horizon.


"He has really burned up whatever mandate he had from that last election," said Leon E. Panetta, who served as White House chief of staff during President Bill Clinton's second term. "You can't slam-dunk issues in Washington. You can't just say, 'This is what I want done' and by mandate get it done. It's a lesson everybody has to learn, and sometimes you learn it the hard way."


Through more than four years in the White House, the signature of Bush's leadership has been that he does not panic in the face of bad poll numbers. Yet many Republicans on Capitol Hill and in the lobbyist corridor of K Street worry about a season of drift and complain that the White House has not listened to their concerns. In recent meetings, House Republicans have discussed putting more pressure on the White House to move beyond Social Security and talk up different issues, such as health care and tax reform, according to Republican officials who asked not to be named to avoid angering Bush's team.


"There is a growing sense of frustration with the president and the White House, quite frankly," said an influential Republican member of Congress. "The term I hear most often is 'tin ear,' " especially when it comes to pushing Social Security so
aggressively at a time when the public is worried more about jobs and gasoline prices. "We could not have a worse message at a worse time."


Bush's best play would seem to be to walk away from Social Security at this point. The trouble is, with Iraq looming so large over his legacy, and going so poorly, he doesn't have much of an agenda to fall back on. In fact, however he may try to diversify his portfolio, nearly everything in Bush's second term comes down to Iraq: from the Bolton nomination to gas prices. The only other issues left are the courts, with all the social ramifications and importance to the religious right. How Bush wins on these issues I'm not clear -- no matter what happens, he will alienate a large segment of Americans.

Because of his insistence on toppling Saddam Hussein, George W. Bush has left himself looking like a one trick poney -- able to ram through a war, and with tax cuts already accomplished, leaving himself with little fiscal, or political, room to maneuver on anything else.
posted by JReid @ 10:05 AM  


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"[T]he practice of arbitrary imprisonments, have been, in all ages, the favorite and most formidable instruments of tyranny.'
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