Daily Kos pretty much sums up the mood of liberals and progressives about the extent to which Obama has adopted not only the language, but also the vision of Herbert Hoover and other opponents of the New Deal.
"In the past week, we witnessed the truly astonishing spectacle of a wide array of Democratic Congressional leaders feeling it necessary to stand up to a Democratic President in order to defend the programs and values that have defined the Democratic Party since the Great Depression. Just think about that. And now some consider it a victory that there probably won't be any immediate cuts to Social Security, even though there will be a trillion or more in overall budget cuts, without any major increases in revenue. And cutting Social Security is now safe to discuss on both sides of the aisle. To use digby's own comparison, only Nixon could go to China; and while Reagan and the Bushes did not even seriously try, a Democratic president may be opening the door to the dismantling of the New Deal."