President Bush was magisterial last night, instructing the nation by example on the meaning of the term compassionate conservatism. Those who have been seeking to label the President a right-wing conservative will find themselves flummoxed by George Bush's FDR/LBJ style rhetoric and program. Those conservatives who fear the president has slipped over to the liberal dark side should take note of his emphasis on enterprise zones, home ownership, and the role of the private sector in rehabilitating the Gulf coast.
His critics will charge that he has completely abandoned his small government conservatism, but the allegation is baseless. In the first place, Bush has never been fiscally conservative. In the second, his conservative principles, upon which he campaigned, do not exclude the sort of projects upon which so much of his spending has been lavished. Dick Morris noted last night that George Bush's basic principle is that the federal government has essentially two major roles: To fight wars and to provide relief in disaster. He is one of the few presidents to have occasion to employ government assets in the service of both. Carrying out these functions costs money and Bush is not loath to spend it in order to insure their success. Nor is he violating his principles in so doing. Conservatives are complaining about the spending, but Bush is going to do what he thinks is right for people even if it antagonizes his base.
One of the indirect consequences of Bush's reconstruction program may well be a political realignment that lasts for a generation or longer. When minorities see exactly who their champion is, when they see that under Democratic leadership for sixty years they simply sank, like New Orleans steadily sinking deeper below sea level, deeper into poverty, there is a chance that blacks will migrate in large numbers to the Republican party and consign the Democrats to permanent political minority status. Even the most tight-fisted conservative might acknowledge that this happy outcome would be worth a decade or so of deficit spending.
Viewpoint predicts that Bush's approval ratings are going to commence a long steady rise throughout the next year, much to the chagrin of the lefties, to above 50%. Furthermore, if Iraq ratifies a constitution and appears to be holding together, and oil prices moderate, Bush may conclude his presidency at well over 60%.
The text of his speech can be found here.