All Intensive Purposes

Only days after I pointed out that the Republicans squandered political capital on the filibuster thing, Peter Baker and Jim VandeHei write in the Washington Post that Bush's account has run dry:

Two days after winning reelection last fall, President Bush declared that he had earned plenty of "political capital, and now I intend to spend it." Six months later, according to Republicans and Democrats alike, his bank account has been significantly drained.

In the past week alone, the Republican-led House defied his veto threat and passed legislation promoting stem cell research; Senate Democrats blocked confirmation, at least temporarily, of his choice for U.N. ambassador; and a rump group of GOP senators abandoned the president in his battle to win floor votes for all of his judicial nominees.

With his approval ratings in public opinion polls at the lowest level of his presidency, Bush has been stymied so far in his campaign to restructure Social Security. On the international front, violence has surged again in Iraq in recent weeks, dispelling much of the optimism generated by the purple-stained-finger elections back in January, while allies such as Egypt and Uzbekistan have complicated his campaign to spread democracy.

The series of setbacks on the domestic front could signal that the president has weakened leverage over his party, a situation that could embolden the opposition, according to analysts and politicians from both sides. Bush faces the potential of a summer of discontent when his capacity to muscle political Washington into following his lead seems to have diminished and few easy victories appear on the horizon.

"He has really burned up whatever mandate he had from that last election," said Leon E. Panetta, who served as White House chief of staff during President Bill Clinton's second term. "You can't slam-dunk issues in Washington. You can't just say 'This is what I want done' and by mandate get it done. It's a lesson everybody has to learn, and sometimes you learn it the hard way."

For about four years there, it seemed like a lesson Bush didn't particularly have to learn.

eta: Apparently this story means Bush's mandate is over. Excellent.