Sen. Barack Obama has excited the national media, Andrew Sullivan, young voters, and 38 percent of Iowa Democrats with his message of “change” and “hope” and “becoming one people, the United States of America.” It makes for a great speech. But I’m reminded of what the Democratic establishment candidate, Walter Mondale, said to insurgent Gary Hart after Hart did well in the 1984 Iowa caucuses with a campaign of “new ideas”: Where’s the beef?

It’s not that Obama hasn’t addressed questions of public policy. His campaign website has as many policy ideas as a Bill Clinton State of the Union Address. It’s just that they’re pretty much the same ideas: more taxes, more spending, more government help to scratch every itch a voter might have. He’s got more subsidies for workers who lose their jobs because of international competition, more subsidies for research and jobs and energy technology and broadband access and rural schools, more federal support for labor unions, and much much more.

To help borrowers and employees, he proposes more regulations on lenders, credit card issuers, and employers. These would, of course, make lending and hiring more expensive, so fewer people would be hired, and their wages would be lower, and borrowing on credit cards and mortages would be more costly.

But my main point here is, these are the same policies that Sen. Hillary Clinton proposes. So what’s so new? In what way does Obama offer “change” or “hope” or something different from “the same kind of partisan battling we had in the ’90s”? Where’s the beef?