Robert Kuttner sums it up.
In many ways, this is an administration that can't shoot straight. The aftermath of war in Afghanistan is an unstable mess. The anthrax investigation was bungled. Homeland security is a bureaucratic monstrosity. The White House clambered on board a corporate-reform bill only after the measure was well down the track. President Bush's embrace of the hard right cost his party the Senate. With the stock-market meltdown, Social Security privatization is off the table. After ramming through a budget-busting $1.35 trillion tax cut mostly for the rich, Bush's latest tax scheme is more tax relief, targeted at what Bush supporters candidly call "the investor class."