An excerpt from another great column from Bob Herbert in the New York Times. Link to full column is at the bottom…
People feel that the country is going to hell, that the system itself has broken down, and President Obama and the Democrats have been unable to assuage that awful feeling. The White House and Democratic Congressional leaders can point to a long string of legislative accomplishments — passage of a health insurance overhaul, financial reform, a stimulus package that may have been misshapen and too small but nevertheless helped stave off a worse economic disaster, and so on.
But voters do not feel that the administration and Congress have delivered the fundamental change they were seeking when they swept President Obama and huge Democratic majorities into office nearly two years ago. Forget about the crazies in the Tea Party for the moment. Forget about the ugly Republican obstructionism that is based on the idea that the failure not just of President Obama but of American society itself is the G.O.P.’s quickest ticket back to power.
Forget about that for a moment. The Democrats are in deep, deep trouble because they have not effectively addressed the overwhelming concern of working men and women: an economy that is too weak to provide the jobs they need to support themselves and their families. And that failure is rooted in the Democrats’ continued fascination with the self-serving conservative belief that the way to help ordinary people is to shower money on the rich and wait for the blessings to trickle down to the great unwashed below.
It was a bogus concept when George H.W. Bush denounced it as “voodoo economics” in 1980, and it remains bogus today, no matter how hard the Democrats try to dress it up in a donkey costume.