And They Say Obama's Out of Touch

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From Peter Baker's profile of Obama in the NYT magazine:

As we talked in the Oval Office, Obama acknowledged that the succession of so many costly initiatives, necessary as they may have been, wore on the public. "That accumulation of numbers on the TV screen night in and night out in those first six months I think deeply and legitimately troubled people," he told me. "They started feeling like: Gosh, here we are tightening our belts, we're cutting out restaurants, we're cutting out our gym membership, in some cases we're not buying new clothes for the kids. And here we've got these folks in Washington who just seem to be printing money and spending it like nobody's business."

Restaurants? Gym memberships? Surely things aren't that bad.

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Clive Crook is a senior editor of The Atlantic and a columnist for Bloomberg View. He was the Washington columnist for the Financial Times, and before that worked at The Economist for more than 20 years, including 11 years as deputy editor. Crook writes about the intersection of politics and economics. More

Crook writes about the intersection of politics and economics.

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