by Pete Lucas, a contributing author:
Many of you probably remember how Hillary Clinton crashed and burned trying to get healthcare reform passed back in 94. She burned up a lot of political capital and ended up just looking pathetic.
Bill Clinton knew that healthcare reform was going to be a tar baby, and he wisely kept his distance. He had Hillary take on that battle because if it flopped, he didn’t want to waste his own political capital on it. As things worked out, Bill looked like a genius.
Obama did not pay attention to the history of healthcare reform in America. He wants to do basically the same thing that the Clintons wanted (although he wants to spend more). Obama assumed he has unlimited political capital because of his high polling numbers, but he is going to end up burning all of that capital on this single issue. (more…)