Showing posts with label Franklin Delano Roosevelt. Show all posts
Showing posts with label Franklin Delano Roosevelt. Show all posts

Saturday, September 10, 2011

A President confesses error and defends democracy

Let's say that you were a supporter of Barack Obama in 2008, now disillusioned. You credit the main thrust of the liberal brief against him and discount administration defenses. You believe that  the 2009 stimulus was too small and too tax-heavy (and that a decisive leader could have put through a much more effective package), that the healthcare reform process took way too long (and that decisive leadership could have radically foreshortened it), that the President was eighteen months late in refocusing on jobs and let Republicans set the agenda, and that he got disastrously rolled in the debt ceiling deal.  Should you then write him off as a failure, a disaster for Democrats and the country, a man unequal to the challenges of his historical moment?

No. All presidents err terribly. They err in emphasis, in tactics, and in overall direction.  Theodore Roosevelt said he would be happy if he made the right decision 55% of the time.  You have to weigh the successes against the failures (and the politically possible against the ideal) and determine which way the scales tip -- perhaps slightly.  And given Obama's tendency to favor long-term priorities over short, you might have to wait a year or decade or two before making an assessment.

In a recent post, I noted that FDR not only tipped the U.S. into a brutal recession by cutting spending in 1937, as Krugman and others have been reminding us for years, but reversed course only halfheartedly and rather ineffectually -- both because of his own ambivalence about deficit spending and because he had squandered political capital on his court-packing scheme and a war on conservative Democrats. Moving the story along: by early 1939, the economy was perking up because the war machine was starting to crank.  Roosevelt gave a memorable State of the Union address. I it, he implicitly confessed to two major errors over the previous several years -- though he cast those errors as collective ones, which they also were.