From Slate: "Michael Grunwald, a Time magazine correspondent, this week publishes The New New Deal: The Hidden Story of Change in the Obama Era, a gripping account of President Obama’s stimulus bill. Grunwald writes that the stimulus has transformed America—and American politics—in ways that we have failed to recognize."
Buy "The New New Deal" from Books and Books here.
Grunwald documents how the GOP set out from Day One of the Obama administration to foil any stimulus plan for the economy, notwithstanding the fact -- acknowledged by the outgoing Bush team -- that the economy was on the verge of a second Great Depression.
Grunwald goes on to explain the significant political achievement -- only half of what economists believed could pull the economy out of a prolonged recession -- and explores how and why Obama, a brilliant campaigner, had so much difficulty communicating the positive role of the stimulus plan to the American people.
My view is that candidate Obama really wanted to bridge the divide and under-estimated the degree to which his opposition was willing to go, to destroy his presidency. Grunwald provides details for this scenario, and in doing so provides the reader with a clear picture of the playing field in the November 2012 presidential election.