Larry Kudlow

Am I the only one who saw weakness when President Obama and his departing chief of staff Rahm Emanuel gave each other big, fat, full-bore hug following their speeches at the resignation event in the White House’s East Room on Friday?

Remember, this is on global television. And it has to do with the very top of the United States government. Our friends and enemies were all watching.

I think the hug lacked dignity. It did not send a message of American power and forcefulness. So I fret about the reaction around the world to this kind of fraternity-like emotionalism in full public view.

Why not just a dignified, stand-up, serious handshake? That’s what Reagan would have done. A strong handshake shows friendship, respect, and even affection. But a big fat hug seems to go over the line.

Perhaps I’m overreacting to this. But when it comes to the presidency and the behavior of our top leaders, I think the image we want to send at home and abroad is one of serious strength of purpose. Not some kind of collegiate squeeze. Somehow the Obama-Emanuel embrace seemed demeaning -- to the presidency, to our officialdom, and to our strength of purpose.

Alright, let me move on to another point of weakness: Rahm Emanuel will be replaced by Pete Rouse, a White House insider who formerly worked in the Senate for leading Democratic liberals Tom Daschle, Dick Durbin, and, yes, Barack Obama.

Why is this weak? Well, with their backs against the wall in an election that is likely to inflict a shellacking on the Democrats, Team Obama has been talking a lot about reaching out to business to fill the numerous open policy slots in the White House. But they didn’t reach out to the world of business, nor to any new worlds at all.

So, best I can tell, there aren’t going to be any policy changes. Despite sweeping and almost transformational big-government legislation for Obamacare, spending stimulus, and banking control -- all of which is proving vastly unpopular -- the Rouse appointment suggests that nothing is going to change. No lessons learned. No real reshaping of the top team.

After all, it’s often said that personnel is policy. Therefore, keep the same team, keep the same policy. That’s more weakness.

And it comes on top of weakness in the final pre-election actions of Congress. This week, the Democrats walked away from any closure on extending the Bush tax cuts. The whole country is waiting and worrying about a potentially huge tax hike that will put a major new drag on an already soft economy.

Larry Kudlow

Lawrence Kudlow is host of CNBC’s “The Kudlow Report,” which airs nightly from 7 p.m. to 8 p.m.