There are some major differences.
In 1995, Republicans controlled the House and the Senate, as opposed to the divided Congress of today. The GOP has only a third of the decision-making power in this scenario, making it much harder to pin the blame on them.
The personalities are different, too. Just as Obama lacks the political skills of Bill Clinton when it comes to making his case to the electorate, Boehner is a more sympathetic figure than Gingrich. Gingrich famously took a pounding for telling reporters that his decision to take the battle to the brink was partly due to Clinton forcing the speaker to ride in the back of Air Force One. Low-key Boehner would make a less-effective foil for Democrats.
There’s also the media environment. In many ways, 1995 was the last year of the old media world. It was the year before the launch of FOX News and the year before the Internet exploded into American life. The three broadcast television networks and the major newspapers still had a stranglehold on political news in 1995. Shaping the public narrative would be much harder for Democrats in today’s more diffuse and more balanced media world.
Then there’s the public’s attitude on government spending.
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