Matt Stoller: What Presidency?

By Matt Stoller, who worked on the Dodd-Frank financial reform law and Federal Reserve transparency issues as a staffer for Rep. Alan Grayson (on Twitter at @matthewstoller)

If you have only one rule in politics, I suggest the following – get your head of out your television set, and start paying attention to government. The narrow intense focus of TV can constrain us so powerfully that we are blinded by technicolor.

To explain – there’s an endless stream of musings on our current political problems, with an attempt to apportion “blame” for what’s going on. One argument, fleshed out by Paul Krugman and Amanda Marcotte is that of truculent Republican extremists are at the root dysfunction. In Krugman’s words, “The problem with American politics right now is Republican extremism, and if you’re not willing to say that, you’re helping make that problem worse. ” In this formulation, the President, though he does not fight hard enough, is drawn to poor policy-making by the dynamic imposed by far right ideologues. Another argument suggests that Republicans are making clear arguments about what they want, and it is the lack of a clear alternative that leads to our current morass. In this formulation, it is a betrayal by Obama that is the primary issue at hand.