Bill Clinton’s new book: “Back to Work”

Scanning the online reviews this morning of Bill Clinton’s new book, “Back to Work,” I’m reminded first of all that it’s naïve to expect objectivity in the mainstream media and second of all, one ought not to rely on the judgment of critics in determining the merits of a new publication. Nevertheless, we can gain a little background information and a few insights from such treatises as Jodi Cantor’s piece at the NY Times: With a Book, the Last Democrat in the White House Tries to Help the Current One:

Last summer, as Bill and Hillary Rodham Clinton celebrated the former president’s 65th birthday with a party at their rented Hamptons home, talk among their guests turned to President Obama’s travails over the debt crisis and doubts about his re-election. “I’m really trying to help him,” the white-haired former president said, shaking his head, “but he seems to have lost his narrative.”

Starting Tuesday, that help will take its most public form yet, in the form of a new book by Mr. Clinton, titled “Back to Work,” that makes a case for confidence in government and Mr. Obama’s jobs bill. The book marks a new and somewhat warmer stage in the two men’s rivalry and relationship, one that could benefit Mr. Obama. The awkward twist: the former president has been so frustrated at what he sees as the current one’s failure to explain his economic policies that he has literally decided to write his own version of the story. “He both sells it and wants them to sell it more,” said John Podesta, a former Clinton chief of staff who also advises the current administration.

Read more:

Chessmaster Obama Morphs into the Polar Bear in “Don’t Break the Ice” Board Game

cross-posted at the Widdershins

The cool objectivity of Amy Walter’s political analysis is almost unnerving at times, especially to one accustomed to sorting out the spin of pseudo-liberal pundits from their mirror images on the right. In Walter’s On the Trail post yesterday at National Journal, she asks, “what if congressional candidates in 2010 have to defend economic results that aren’t there?”

In 2012, President Obama will have had four years to see if the gamble on big federal outlays into a stimulus package, auto and bank bailouts, and energy investments has paid off. For congressional Democrats up in 2010, however, the long view isn't politically feasible.

At a recent Christian Science Monitor breakfast, House Majority Leader Steny Hoyer handed out a tightly spaced one-pager that listed 13 "major initiatives" that have been enacted into law since Obama took office. To be sure, it's an impressive list. But the next election will be a referendum on the economy. Period. If things are looking good, then Democrats can make the case for why it's important to keep their party in charge. If it's not, then all the bragging about the Lilly Ledbetter Fair Pay Act or Credit Cardholders' Bill of Rights won't mean much.

At this point, it's tough to argue that the stimulus has indeed stimulated the economy.

The bottom line is that right now, there's little tangible proof that all the outflows have made much of an impact. In a new Fox News/Opinion Dynamics poll, about as many people think General Motors will be profitable in five years as think it will be out of business. Meanwhile, just 9 percent in a new McClatchy-Ipsos poll say the economy has turned the corner, with 37 percent expecting it to get worse. The good news, if you want to call it that, is that just four months ago, more than half of voters (54 percent) thought the economy would get worse.

Walter takes a jibe or two at Joe Biden, “Obama’s “cheerleader-in-chief for stimulus spending:”

Yet, watching Vice President Joe Biden's awkward attempts to promote the benefits of the stimulus package suggests that congressional Democrats will have their work cut out for them. A greater effort by the White House to get the money out the door could help matters. At this point, however, it's tough to argue that the stimulus has indeed stimulated the economy.

On "Meet the Press" this Sunday, when asked by moderator David Gregory about the rationale behind the administration's estimate of 150,000 jobs created or saved by the stimulus, Biden replied: "There's an econometric model that economists have been using for decades to correlate the economic circumstances of the nation with the creation of jobs.... It's a model the Council of Economic Advisers have used to come up with that 150,000 jobs."

Um, what? You lost me at "econometric model." Just imagine trying to put this into a compelling 30-second commercial.

Walter concludes:

For now, Obama still has a reservoir of good will built up with the public, and his high approval numbers may help insulate members of his party.

Ultimately, though, watching Democrats these days reminds me of the kids' board game "Don't Break the Ice." In that game, a plastic polar bear was placed on top of an elevated board made up of individual cubes of "ice." The goal of the game was to knock out as many pieces as possible without sending the polar bear crashing to the ground. Sometimes the polar bear came down after one piece was knocked out; sometimes he could still be standing even as his ice world crumbled all around him.

Obama won't necessarily be the polar bear on the floor in 2012. But a lagging economy could take out quite a bit of the Democrats' board.

In addition to the questions raised by Walter, the recent funding of the current Administration’s continuation of war efforts in Iraq and Afghanistan reminds me of candidate Obama’s boast about how much money the government would save from defense spending once he took office and magically ended America’s dual military adventures abroad.