I watched President Obama's interview on 60 Minutes tonight. Nothing especially new in it, but I for one was reassured by his calm, and I wonder if that was not the main purpose of the appearance.
Mr. Obama's repeated declarations that he is the one finally responsible are heartening, given his predecessor's refusal to accept responsibility for anything, but sadly they are also made necessary by the lack of confidence that so many are expressing. In the last few weeks, Congressional Republicans seem to have found new energy; clearly, they believe they are getting traction with their negative campaign. Too little attention has been paid, as yet, to how much of that campaign, in addition to its negativity without any plan for the future, relies on the American people having such a poor collective remedy that we do not remember how much of what they now inveigh against were articles of Republican faith just a few months ago.
Regular readers will know that this page has been critical of Treasury Secretary Timothy Geithner, and has questioned whether he can survive (or should). But I'm going to go out on a limb and suggest that a year from now, while we are certainly not going to be in a time of prosperity--or even, perhaps, on the clear road back to good times--the American people will have accepted Mr. Obama's policy prescriptions and the Republicans will be seen as nothing more than a doomsday chorus.