John Judis of the New Republic has written a post, "Fundamentally Different," that captures almost exactly where I think Obama is headed. Obama is attempting to reshape American capitalism.
If he succeeds it will change everything.
If he doesn't we will move in a different and far less pleasant direction, a new version of that old malady, sectional politics.
The key to it all is health care reform.
The elephant in the room in American politics is redistributing economic power to improve daily life. And a sound national health care plan is the crucial chage driving this shift , determining whether the shift will be permanent, supported by the voters in the years to come.
If reform is achieved we will have a new and progressive majority for permanent change and for a different capitalism. And both parties wil be changed forever.