Monty Pelerin's World

Economics, Finance and Politics Through The Prism of Classical Liberalism

The Shrinking Presidency

The Shrinking Presidency

TObamaBowED-AK559_noonan_DV_20091124185419hings are not going well when material like the following from Peggy Noonan appears:  ” ”a critical mass of influential people who once held big hopes for his presidency began to wonder whether they had misjudged the man.’ They once held ‘an unromantically high opinion of Obama,’ and were key to his rise, but now they are concluding that the president isn’t ‘the person of integrity and even classiness they had thought.’ ” The sentiment becomes especially significant when the quotes inside the quote are from “… journalist Elizabeth Drew, a veteran and often sympathetic chronicler of Democratic figures …”

Noonan concludes: “The Obama bowing pictures are becoming iconic not for those reasons, however, but because they express a growing political perception, and that is that there is something amateurish about this presidency, something too ad hoc and highly personalized about it, something . . . incompetent, at least in its first year.”

When SNL turns rather viciously against someone, it is not good press.