Thursday, May 27, 2010

I think I understand the president

I flatter myself that I think I understand the way Barack Obama must think.

People want to hear big indignant statements from him about the Gulf oil gusher because we’re indignant about it and we want him to represent us. But it’s posturing; we know that and he knows it. If he’s like me, he rolls his eyes when he encounters posturing by other people and he would rather not do the thing he scorns.

What he will do, because he’s expected to, is rail against the delay and fret about the damage. A better approach would be what Dan Froomkin suggests: seize the moment to talk about regulation, but not just about oil. He could chance it and be brave, generalize it—tying in mining and the banks, maybe even the Citizens United case, not minding what opponents might say about bashing business. It’s been building to this point since the Reagan years and now big business has run fully amuck.