"Obama issued a course correction and started pursuing a strategy that’s in line with the realities of public opinion." (Image by Elizabeth Cromwell.)

William Daley’s demotion from White House Chief of Staff today is the clearest sign yet that President Obama is loading up for bear during this year of election, that he’s through trying to make nice with those whose only goal is to bring him down, from GOP insiders to Wall Street bankers to corporate CEOs. An exceprt from Jonathan Chait’s smart assessment of the surprising news at New York‘s Daily Intel blog;

“The effort failed because Daley’s analysis — which is also the analysis of David Brooks and Michael Bloomberg — was fatally incorrect. Americans were not itching for Obama to make peace with corporate America. Americans are in an angry, populist mood — distrustful of government, but even more distrustful of business. In the most recent NBC/The Wall Street Journal poll, 60 percent of Americans strongly agreed with the following statement:

The current economic structure of the country is out of balance and favors a very small proportion of the rich over the rest of the country. America needs to reduce the power of major banks and corporations and demand greater accountability and transparency. The government should not provide financial aid to corporations and should not provide tax breaks to the rich.

What’s more, it may be true that a bipartisan deal to reduce the deficit would have bolstered Obama’s standing. The trouble is that Republicans believed the exact same thing. Here’s how McConnell frankly explained his calculation:

‘The only way the American people would know that a great debate was going on was if the measures were not bipartisan. When you hang the ‘bipartisan’ tag on something, the perception is that differences have been worked out, and there’s a broad agreement that that’s the way forward.’

Republicans believed that making bipartisan agreements with Obama would make Obama and his agenda more popular. Republicans are not in the business of helping Obama win reelection. And so they refused to sign a bipartisan agreement, and Obama simply looked weak and ineffectual.

Since that debacle, Obama issued a course correction and started pursuing a strategy that’s in line with the realities of public opinion and the Congress, as opposed to Daley’s fantasy version thereof. Recognizing public populism and GOP intransigence, he is outlining the legislation he wants on jobs, under no illusion that Republicans will cooperate, in order to clarify which party is responsible for inaction. Obama’s approval ratings, after sinking under the weight of Daley’s failed gambit, now appear to be rising.”