Progressive Breakfast: Obama Has Broken the Second-Term Curse

MORNING MESSAGE

George W. Bush suffered Hurricane Katrina and the Iraqi quagmire, Bill Clinton was impeached, Ronald Reagan was staggered by the Iran-contra scandal, and Richard Nixon was run out of town. What did Obama do right?

Bernie Hits Big Fundraising Mark

Sanders beats Obama fundraising record. NYT: “…Sanders’s campaign announced that he had outpaced Barack Obama’s record for the number of contributions in a presidential race, with more than 2.2 million donations. Mr. Obama’s record was 2,209,636 donations … Sanders could beat Hillary Clinton for contributions in the final fund-raising quarter of the year.”
Can Sanders ride single-payer to nomination? WSJ’s Drew Altman: “Most Democrats either strongly favor (52%) or somewhat favor (24%) the general idea of Medicare for all … [But] just 5% of Democrats are pure ‘single-payer voters’ who … say that the candidate’s stand on the issue will be the single most important factor in their vote.”
“Democrats embrace modern America as Republicans reject it” says W. Post’s E. J. Dionne: “…Hillary Clinton, Sen. Bernie Sanders (I-Vt.) and Martin O’Malley all stand up for the rights of a younger America — today’s country — that is less white, more Latino and more Asian (and, yes, more Muslim) … [Republicans] yearn for the United States of Then. The current version is cast as a fallen nation.”

Ryan Defends Compromise

Speaker Ryan defends spending bill compromise from right-wing attacks. NYT: “Mr. Ryan acknowledged that divided government means that Republicans were not in a position to achieve all their goals … Mr. Ryan said he would meet over a meal with Mr. Obama early next year … He singled out criminal justice reform as a potential area in which the two leaders could act.”
Republicans struggle to stymie Paris climate deal. The Hill: “…Republicans vowed to block American contribution to the [climate] fund, an international pool of public and private money directed to help poorer nations prepare for climate change. But the omnibus spending deal passed this week allows Obama to find [the funding] …”

Breakfast Sides

Low gas prices not stimulating economy. WSJ: “The price of a gallon of regular gasoline fell to $2 nationally Sunday … Americans reaped more than $100 billion in savings this year alone … [Yet] the economy remains mired in the slow-growth trajectory that has marked the economic expansion over the past 6½ years.”
High-speed rail stalled. The Hill: “Obama included $8 billion in his 2009 economic stimulus package to jump start the high-speed rail program in the U.S. But seven years later, Obama has little to show for the effort … His stimulus offer was rebuffed by Republican governors … [California] has been beset by delays and funding problems. Meanwhile, private companies are considering the development of high-speed railways in places like Texas and, ironically, Florida.”

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