I had about 10 minutes of freaking out over that Politico Larry Summers piece this morning but then I calmed down, for reasons well explained in this thread.https://twitter.com/joshtpm/status/1357700075200380930 …
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Yes! But hopefully his argument fails on its merits. He's assuming that "political capital" is like $ in bank; that questions of WHEN one spends are irrelevent. This overlooks timing/momentum entirely--an analysis of politics by a guy who's always been politically ham-fisted.
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Wow! Reading this view makes me think “God’s in His Heaven & all is right with the world” and I ll survive yet another day.
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An interesting difference between 2008 and now is that the Twitter graph mind is able to act as an immediate brake-assist on certain kinds of whisper campaigns. Within hours of “people are saying” there’s this very public consensus within key circles of “uhh no they ain’t!”
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Just like Rahm there are a few who really seem to not get NO for an answer and are trying to get a foot inside the door.
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