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May 31, 2005

Bush's Political Capital Spent, Voices in Both Parties Suggest

Bush after re-election, "I earned political capital and now I'm gonna spend it".

Looks like Cletus the President done runnin' a deficit...

Link: Bush's Political Capital Spent, Voices in Both Parties Suggest.

Two days after winning reelection last fall, President Bush declared that he had earned plenty of "political capital, and now I intend to spend it." Six months later, according to Republicans and Democrats alike, his bank account has been significantly drained.In the past week alone, the Republican-led House defied his veto threat and passed legislation promoting stem cell research; Senate Democrats blocked confirmation, at least temporarily, of his choice for U.N. ambassador; and a rump group of GOP senators abandoned the president in his battle to win floor votes for all of his judicial nominees.With his approval ratings in public opinion polls at the lowest level of his presidency, Bush has been stymied so far in his campaign to restructure Social Security. On the international front, violence has surged again in Iraq in recent weeks, dispelling much of the optimism generated by the purple-stained-finger elections back in January, while allies such as Egypt and Uzbekistan have complicated his campaign to spread democracy.

Posted at 7:31 AM

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