Word: expectations
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...didn’t budge; double-digit unemployment continued until World War II. Applying the lessons of the 1920s to the 1930s, the policy wonks failed to consider other solutions. Today, Obama’s policymakers are applying the lessons of the 1990s to the 2000s. And they expect success...
...Walsh says Chávez already has inordinate control over the nation's legislative and judicial branches. If, as most expect, Chávez moves now to radicalize his socialist project, he could enervate them even more. Chávez's former ambassador to the U.S., Bernardo Alvarez, disagrees: "Chávez has had every opportunity in the world the past 10 years to become a dictator, and he hasn't done it," he says. "Instead he's created a real democracy here for a change, and under him those institutions will continue to strengthen...
...Gregg, who does not expect to seek re-election in 2010, first made his concerns clear to Obama earlier this week. They met Wednesday at the White House, just a day after Gregg had conspicuously chosen not to vote at all on the Senate's stimulus plan. The news was kept secret until Thursday. In a briefing to reporters at the White House, Obama's chief of staff, Rahm Emanuel, said the news had come as a blow. "My first thought was, It's better we discovered it now than later," he said, according to the Wall Street Journal...
...process once their appointments became political liabilities. Gregg was a political asset to the President, one Obama boasted of in his Monday press conference, until the withdrawal. As any teenager will tell you, it's far better when a breakup is mutual than to get dumped when you least expect...
...tidal wave, the next item on Obama's to-do list is a tsunami - a $2.5 trillion bank bailout. Fortunately for the President, little of that plan requires congressional action. Unless - or until - the Administration ends up needing more money for it, at which point no one will expect Congress to move as rapidly as it did this week...