Friday, November 16, 2007

W, You're no Reagan

"Mr. Reagan, like Mr. Bush, had gone through his share of second-term blues, including scandal (Iran-contra) and a hit to his job approval. But Reagan rebounded in his final year-plus in office – in part by cutting deals with Congress (and the Soviet Union) – and ended his presidency with job-approval ratings above 60 percent. Perhaps not coincidentally, he pulled off a rare feat: He was succeeded by his vice president, George H.W. Bush.

The current President Bush has shown no such inclination to compromise with the Democrats lately, instead using or threatening to use the veto pen early and often, particularly on spending bills. On Tuesday, Bush signed one, Defense appropriations, and vetoed one, the Labor-Health-Education appropriations bill, on the grounds that it was $10 billion over budget and funded 2,000 special projects.

Bush went after Congress in a speech Tuesday in Indiana: "Their majority was elected on a pledge of fiscal responsibility, but so far it is acting like a teenager with a new credit card."

Bush went 5-1/2 years before his first veto, but his apparent goal now is to reestablish his bona fides as a fiscal conservative, after spending big earlier in office."

Good luck with that 60% approval rating, George.