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POLITICO: Obama?s Big Bang could go bust. ?Barack Obama?s Big Bang is beginning to backfire, as ?

By Glenn Reynolds

POLITICO: Obama’s Big Bang could go bust. “Barack Obama?s Big Bang is beginning to backfire, as his plans for rapid, once-in-a-generation overhauls of energy, financial regulation and health care are running into stiff resistance, both in Washington and around the country. The Obama theory was simple, though always freighted with risk: Use a season of economic anxiety to enact sweeping changes the public likely wouldn?t stomach in ordinary times. But the abrupt swing in the public?s mood, from optimism about Obama?s possibility to concern he may overreaching, has thrown the White House off its strategy and forced the president to curtail his ambitions. . . . By doing so doing so much, so fast, he has left voters ? especially independents ? worried that he got an overblown sense of his mandates and is doing, well, too much too fast. A Washington Post-ABC News poll published Friday found that independents? confidence in Obama?s ability to make the right decisions had dropped 20 points since the Inauguration, from 61 percent to 41 percent.”

Full post as published by Instapundit.com on August 22, 2009 (boomark / email).