Obama's Bold Progressive Vision vs. The Conventional Wisdom of the Establishment

by: Mike Lux

Thu Feb 26, 2009 at 13:00


Get your copy of my new book, The Progressive Revolution: How the Best in America Came to Be

The most important battle at this moment in politics isn't actually the one between Democrats and Republicans. We Democrats won that convincingly in November (and two years prior to that as well), and are winning it overwhelmingly in public opinion polls. For the moment at least, the Democratic-Republican thing is less a fight and more of a rout. For now, the more important battle is between Obama's own progressive vision of big bold change vs. the DC establishment (including many Democrats, some of whom work for the President) and conventional wisdom.

President Obama, in his speech Tuesday night to the Congress and the nation, has called on us to think big, be bold, and make major change. He has said that he wants a fundamental reform of health care to provide universal coverage and real cost containment, that he wants to re-structure our fossil-fuels based energy system, that he wants major change in our system of public education, that he wants to completely rebuild and restructure our financial regulatory system. Obama has described his already-passed massive economic recovery package as only a first step toward fundamentally rebuilding our economy.

These truly are big, bold ideas- and thank goodness they are, because these gigantic problems we are facing will not be solved  by small, cautious solutions.

More of what I'm talking about in the extended entry.

Mike Lux :: Obama's Bold Progressive Vision vs. The Conventional Wisdom of the Establishment
His speech could not have been a clearer call for what I call in my book, The Progressive Revolution, a Big Change Moment. He summed up his vision for change in this clarion call:

I reject the view that says our problems will simply take care of themselves, that says government has no role in laying the foundation for our common prosperity. For history tells a different story. History reminds us that at every moment of economic upheaval and transformation, this nation has responded with bold action and big ideas.

Unfortunately, though, the conventional wisdom Democrats, those guardians of what I call in my book the Democratic culture of caution, are trying to convince Obama and congressional Democrats to go down a very different path than the path of bold action and big ideas that Obama laid out in his speech. They want to go slow and take incremental steps on health care; they want to bail out the big banks without demanding true accountability; they want to avoid tough issues like the Employee Free Choice Act and immigration reform. These Democrats, some of whom actually work for the man, need to listen to President Obama and take seriously when he says:

History reminds us that at every moment of economic upheaval and transformation, this nation has responded with bold action and big ideas.

That is precisely the story American history tells us. In The Progressive Revolution, where my message mirrors President Obama's message exactly, I sum it up this way:

The time has come again to choose a progress path, to reject caution and embrace our history, and to rise to the example of progressive leaders of the past. Paine and Jefferson, Frederick Douglass and William Lloyd Garrison, Abraham Lincoln and the Radical Republicans, Elizabeth Cady Stanton and Susan B. Anthony, Teddy Roosevelt and Woodrow Wilson, FDR and John L. Lewis, JFK and RFK, Martin Luther King Jr. and Cesar Chavez, and Betty Friedan and Rachel Carson: their legacy calls us. We need to rise to the challenge and make the coming years a time to remember and record in our history, a period of transforming change that will lift up our nation and inspire future generations.

We can solve the immense problems of our time if we understand our history, throw fear and caution aside, and then choose the path that goes forward.

President Obama, you should ignore the voices of the DC conventional wisdom and follow your vision of big, bold change.

And the rest of us should respond to the call of the President. Let's follow the call of our own history. Seize the day.


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Name names! (4.00 / 2)
Out the weenies! Can't pressure 'em if we don't know who they are.

The worst of these is Geithner (4.00 / 3)
I was listening to his interview the other day and he really needs to go. He doesn't realize he works for the government, he STILL thinks he works for Wall St. Seriously, you can tell in the language he uses, he sees government as a different entity entirely and that what he's doing is seperate from that. People have no idea how entangled a lot of these Fed guys are with Wall St, their ideology is wired in such a way that makes them the servants of Wall St.

Think of it, every step of the way, Geithner has been on Wall St's side. He lobbied the adminsitration to cutback on their compensation restrictions, he fought off Axelrod and co. who wanted to nationalize the banks, he went to capitol hill and begged Barnye Frank and Chris Dodd for hours to loosen the compensation ammendment added to to the stimulus bill.

It's not a surprise that the most disappointing approach of the Obama administration has been their handling of the bank crises. The stimulus bill wasn't big enough, but it was the most progressive piece of legislation in a generation. The budget seems to be even better. But the banking crisis has been nothing but peacemeal, unsure measures, and it all comes from Geithner. Of all of Obama's appointments, he's the one I would take back, even more than Gates.


Well, yes (0.00 / 0)
But Geithner = Obama.

Mike was talking about other pols, not people who for all intents are Obama.


[ Parent ]
Odd that you (4.00 / 1)
juxtapose Obama against all those horrible pols who don't want to move on EFCA, given that Obama talks about it only when asked and didn't talk about it in his big speech.

Moreover, if I were a pol, I'd be reluctant to get behind O's plan unless he showed signs he was able and willing to solve the banking crisis, since that crisis threatens every other legislative initiative and the economy itself.


slight typo in headline (4.00 / 1)
i think you mean "vs. The Conventional Wisdom of the Obama Administration"

President Obama, in his speech Tuesday night to the Congress and the nation, has called on us to think big, be bold, and make major change. Yes, he did, generally. However.

He has said that he wants a fundamental reform of health care to provide universal coverage and real cost containment No he doesn't. Or rather, he might want that, but he's not proposing anything like it.

that he wants to re-structure our fossil-fuels based energy system Really? With "clean coal"?

that he wants to completely rebuild and restructure our financial regulatory system. No he doesn't. Or at least, his Treasury Secretary and his Senate-bypassing National Economic Council head sure don't.

Obama has described his already-passed massive economic recovery package as only a first step toward fundamentally rebuilding our economy. I'm sure he did, but is it? Really? Because I would expect it to be more, well, fundamental. It seemed pretty incremental to me.

It's not so much that what he is doing is bad. (Though the banking IV isn't exactly awesome.)

But, to borrow Krugman's Steven Johnson cite, "How long can you say, 'we are being bold' when in fact you are not?"

not everything worth doing is profitable. not everything profitable is worth doing.


stop saying it and do it (0.00 / 0)
i agree with tatere talk is cheap,
fire bernanke, fire gietner, start arresting the crooks, the rest of the world does not trust our anything goes wall street culture, accountability must rule the day, the head of the SEC should be on tv making big arrests, the world should know his name,

get rid of the supervision that let our economy burn-arrest the thieves, start enforcing laws, still no one has resigned in disgust and no one has been put on trial yet, every major accounting firm should be shunned,

we need money so i will forgo jail time if they pay the govt their bonus pay since 2000

im glad holder made a huge drug arrest the other day, but i thought wall street was priority number one

whatever you think people owe you, that is what you owe people


[ Parent ]
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