31 January, 2010

It's the Economy, Stupid

The story goes that a dog food company brought out a new mix, which sold poorly. The people in charge tried new ads. They tried different packaging. They targeted particular consumers. Nothing worked.

The chief executive called in his top managers and demanded an explanation. The reply: “Dogs hate it.”

With his approval ratings falling, his party improbably losing a Massachusetts election, and his legislative agenda derailed, President Obama is now subject to elaborate diagnoses of where he went wrong. He is too liberal or not liberal enough. His health care reform is too ambitious or too timid. He is a closet radical or a flunky for Wall Street.


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