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Article: Rescue Package Not the Only Loser In House's Vote
- Article from:
- The Washington Post
- Article date:
- October 1, 2008
- Author:
CopyrightThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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There were no winners when the House voted down the economic
rescue package on Monday. The collective breakdown of leadership in
Washington left political wreckage rivaling that in the financial
markets -- and it spread across the spectrum.
Who were the losers from Monday's debacle? Certainly President
Bush, whose virtual lame-duck status does not fully describe the
apparent limits of his power to make things happen at this moment.
The Washington Post-ABC News poll taken Monday night showed another
drop in his approval rating, to its lowest point of his presidency -
- 26 percent, with 70 percent disapproving.
The president was slow to sound the alarms to the public as the
crisis ...