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Consortium News
January 20, 2010
President Barack Obama spent his first year in office trying to reassure the Washington/New York establishments that he was not going to upset their apple carts too much, that they shouldn’t panic, that he would – despite all the speeches – be more about continuity than change.
And he succeeded. The big banks were pulled back from the brink; the auto industry survived; the stock markets rebounded; a new Great Depression was averted; the national security elites praised Obama’s more nuanced rhetoric as he continued many of George W. Bush’s war policies; even the Washington Post’s neoconservative editorial page editor Fred Hiatt gave Obama mostly high marks for his first year.
“I’d like to interrupt the anniversary-bash-Obama-fest with a simple proposition: Obama has done a good job so far,” Hiatt wrote in a Jan. 19 column entitled “Obama’s first-year success.”
Yet the first major political judgment on Obama’s “responsible” behavior came later that same day in Massachusetts when a little-known right-wing Republican state senator, Scott Brown, defeated Attorney General Martha Coakley by five percentage points to fill Ted Kennedy’s Senate seat.
Read more here.
