IN his first press conference after his re-election in 2004, President Bush memorably declared, “I earned capital in the campaign, political capital, and now I intend to spend it.” We all know how that turned out.
Barack Obama has little in common with George W. Bush, thank God, his obsessive workouts and message control notwithstanding. At a time when very few Americans feel very good about very much, Obama is generating huge hopes even before he takes office. So much so that his name and face, affixed to any product, may be the last commodity left in the marketplace that can still move Americans to shop.
I share these high hopes. But for the first time a faint tinge of Bush crept into my Obama reveries this month.
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