The series of economic initiatives announced by President Obama in recent days reflects a strategic and tactical shift that White House officials hope will guide the president’s governing and political agenda in the months ahead.Santa Claus with other people's money.
The new effort, carried out through unilateral executive actions, was agreed upon weeks ago and is strongly reminiscent of a successful campaign deployed by Bill Clinton in the run-up to his 1996 reelection.
Almost every day this week, Obama rolled out a program aimed at some troubled sector of the economy: mortgage relief for homeowners Monday, tax credits to spur job growth for veterans Tuesday, college loan relief for students Wednesday, regulatory and information shortcuts for small businesses Friday.
Saturday, October 29, 2011
Obama’s bite-size initiatives reminiscent of Clinton reelection
The Washington Post reports: