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Kevin Drum's got a pretty accurate post over at the Washington Monthly, where he quotes Alan Wolfe from this article:

Conservatives cannot govern well for the same reason that vegetarians cannot prepare a world-class boeuf bourguignon: If you believe that what you are called upon to do is wrong, you are not likely to do it very well.

Kevin comments further:

Of course, it goes beyond this. As Wolfe points out, Americans like big government that actually solves real-life problems, and that puts a firm ceiling on just how conservative you can be and still get elected. George Bush, who got reelected by the smallest margin in the past century despite a decent economy and the tailwind of 9/11, has shown almost precisely where that limit is.

It's true that Bush has been almost uniquely incompetent among modern presidents. But the real failure of the Bush years is a fundamental failure of ideology. For the first time since 1932, conservatives have controlled every branch of government. They had a chance to show they had a real governing ideology, and it turned out they didn't.

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