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Tapscott’s Copy Desk – Obama Is In Trouble

POSTED March 6, 2009 | 5:13 PM

Did you feel it? The political ground shifting beneath President Barack Obama since his speech last week to Congress? It’s been downhill since and I’m not referring mainly to the Dow Jones record-setting dive. The pivot point of the shift was the speech, or rather what the speech did to the evolving public narrative of Obama.
Let’s review:
* Since the first of the year, Rush Limbaugh’s audience has exploded , according to Howard Kurtz of The Washington Post, even as his daily assaults on Obama have intensified. The conservative Talk Radio maestro has become quite possibly the most listened-to radio personality in America since before Paul Harvey (God rest his soul).
Demand for his air time hs suddenly become so intense, Limbaugh told The Examiner’s Byron York earlier today, that his network sold 80 percent as much advertising in January 2009 as it did in all of 2008, and expects to sell-out the year by the end of March. That was before Obama and White House chief of staff Rahm Emanuel launched an explicit counter-attack against Limbaugh that seems only to be making him bigger.
* Glenn Beck’s eminently forgettable presence on CNN has been transformed, according to The Los Angeles Times, by his move to Fox News where his main theme has been variations on this question – Wake Up! Wake UP! What in Heaven’s name does Barack Obama think he is doing to America? Beck has a tough time slot from which to win big ratings because he’s in the middle of evening drive-time. Even so, in a very short period of time at Fox, his audience has grown to the point that it is now exceeded only by those of Bill O’Reilly and Sean Hannity.
* Obama remains personally popular with the public, but worries and even outright opposition to some of his cornerstone proposals are growing. Democrats in Congress are even beginning to express in public print their worries that Obama has reached too far with the 7 billion economic stimulus package, the 0 billion omnibus spending bill and the .6 trillion budget proposal (and the trillions more senior aides whisper are coming in further bailouts, loan guarantees, "tax cuts" that are really just grants, and other spending accountrements of Leviathan Unleashed.)
* Paralleling these developments, a potentially devastatng conservative case against Obama is coming together rapidly. Two influential columns this week tell the tale: On Thursday, Daniel Henninger offers this crucial observation in a WSJ piece otherwise devoted to asking why Republicans aren’t more eagerly and quickly taking advantage of the fact the Obama Democrats have all but declared war on the 75 percent of the U.S. economy that is private and therefore productive of the nation’s wealth:
"Beyond the stock market, there is a reason why, despite much goodwill toward his presidency, the Obama response to the faltering economy has left many feeling undone. There isn’t much in his plan to stir the national soul. It’s about ’sacrifice’ now so that we can live for a future of small electric cars and windmills. This may move the Democratic Party’s faith communities, but it cannot revive a great nation. If the Democrats want to embrace market failure as a basis for their ideology, let them have it. As politics, it’s a downer."
The second column appeared today in The Washington Post and was written by Charles Krauthammer. Obama’s mastery of public speaking has heretofore served to deflect attention away from the details of what he is actually proposing. And there is in those details, according to Krauthammer, a fundamental deception: Obama summons visions of catastrophe that are the result of too little government regulation of the financial markets and he offers as a solution vastly more government regulation of …. health care, energy and education.
"The ‘day of reckoning’ has now arrived. And because ‘it is only by understanding how we arrived at this moment that we’ll be able to lift ourselves out of this predicament,’ Obama has come to redeem us with his far-seeing program of universal, heavily nationalized health care; a cap-and-trade tax on energy; and a major federalization of education with universal access to college as the goal.
"Amazing. As an explanation of our current economic difficulties, this is total fantasy. As a cure for rapidly growing joblessness, a massive destruction of wealth, a deepening worldwide recession, this is perhaps the greatest non sequitur ever foisted upon the American people," Krauthammer said.
In other words, Krauthammer said, Obama tries to have it both ways, with the alleged errors of deregulation being compounded into the worst economic crisis since the Great Depression by America’s failure to nationalize health care, shift our economy to alternative energy sources and give everybody a free pass to college. Obama is trying to make the cause and the cure synonymous. "Clever politics, but intellectually dish

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