Is the Administration Winging It?

One of the lessons Eric pointed out in class that President Obama could learn from FDR was just winging it as things come up. I thought this article was interesting in pointing out how the President might be taking that advice. Although it is Karl Rove speaking (obviously biased), there are some points that he makes that illustrate this lesson. As we talked about in class, there really is no way to determine how many people's jobs will be saved/created with the introduction of the stimulus package and so for President Obama to come up with a number of 3 million is a bit arbitrary. Additionally he knew that the upcoming bank rescue plan would be a huge emphasis of concern within the media after the stimulus package, yet he allowed Geithner to hold a press conference about it without offering any details, causing the stock market to decrease in value tremendously.