But the image of Obama as a reformer is at odds with his behavior as president. He signed a massive spending bill that benefited the biggest companies, ratcheted up Wall Street bailouts, signed a tobacco regulation bill written in part by the largest tobacco company, handed ownership of Chrysler to a union that had spent $4.9 million to help elect him president, rallied behind a porked-up climate bill that gave away tens of billions of dollars to the largest energy companies, and cut a backroom deal with the top drug industry lobbyists to get them on board with a health care plan derided by his own party's former leader as "a bailout for the insurance industry."
Wednesday, January 27, 2010
The audacity of Barack Obama's populist posturing
It's becoming the Democrats' theme for the 2010 elections: populism. My column today pokes some holes in that balloon: