SOTU

I missed it.

In both SA and the USA I tend to ignore the SOTN/U address, as I've learnt that there usually is a chasm between its rhetoric and the ensuing action. The test is what the shape of WH policy will be. Surprisingly, the following two reviews - form opposite sides of the US political spectrum, are similarly guarded in their enthusiasm:

http://www.nytimes.com/2011/01/26/us/politics/26assess.html?_r=1
http://www.nationalreview.com/corner/258016/what-crisis-yuval-levin

My own take (on a speech that I haven't, and won't view/read) is that Krauthamer's early definition of the "Obama three-step" is being played out, except with faster-paced music. Krauthamer's version is that Obama:
1. Begins with a fiery denunciation of Bush (read Republicanism)
2. Trumpets minor deviations from the Bush/Republican script.
3. Quietly proceeds with acquiescence to the core rightist script.

So, e.g, last night's soaring defense of progressive spending policy comes only weeks after the expansion of the Bush tax cuts. The continued rhetoric about Health Care reform (included in last night's speech) masks the reality that there hasn't been any (ignoring, of course, the lobbyist-friendly expansion of health insurance). And so forth.

Obama appears to be riding high on Tucson, but this isn't as good as it looks because:
1. This is an Oklahomaesque tragedy, which has propelled his ratings only back to the 50% mark. A 4% jump. Clinton's post-McVie jump was 5% (I quote Gallup, unless) - off the same base as Obama's - which he gave up two months later.
2. Tucson happened during a politically quiet period, when there wasn't negative news (barring the old-hat low joblessness figures) to counterveil.
3. Tucson happened right after Obama gained kudos amongst independents, by extending the Bush tax cuts (no-child-left-behind and NewSTART were relative grace notes).
4. As the normal post-holiday political season gets underway, the goodwill drag will resume.

Last year saw the Republican's winning the battle of ideas, and consolidating their cooption of the Hope/Change strategy. The current political momentum is theirs to lose. I'm calling Barry at 47% on RCP (and a similar level on the rolling Gallup) by the end of March.