Diary: The Establishment President
David Bromwich, 13 May 2010
Obama did not come into office a fully equipped politician. He was new to the national elite and enjoyed his membership palpably. This came out in debates and town meetings where he often mentioned that the profits from his books had lodged him in the highest tax bracket. It would emerge later in his comment on the CEOs of Goldman Sachs and J.P. Morgan: ‘I know both those guys; they are very savvy businessmen.’ One can’t imagine Franklin Roosevelt or John Kennedy saying such a thing, or wanting to say it. Obama has not yet recognised that his conspicuous relish of his place among the elite does him two kinds of harm: it spurs resentment in people lower down the ladder; and it diminishes his stature among the grandees by showing that he needs them.