I realize [White House Chief of Staff William] Daley has taken it as his personal challenge to repair relations with the business community. But the first thing to point out is that the business community isn’t Wall Street. More significantly, however, you can’t “repair” relations with the business community while its members are pushing back against virtually every one of your initiatives and generously financing the Republican opposition. The way to “repair” your relationship with the business community under such conditions is to provide convincing political evidence that they need to repair their relationship with you.
Now, not everything Pearlstein says is an absolute gem — the part about the lack of of organization is much less an issue now than it was three weeks ago — but the overarching point, that the Obama administration should take a much-larger role in supporting the basic idea behind the protest, is a solid one.