Victor Davis Hanson makes the connection in a new column posted at National Review Online.

Hamlet couldn’t quite ever act in time — given all the ambiguities that such a sensitive prince first had to sort out. In the meantime, a lot of bodies piled up through his indecision and hesitancy.

President Obama wanted to give us all universal health care. But then he discovered that the country was broke and that most people did not like his massive federal takeover. So we got both his health care and, so far, more than 1,000 exemptions from his landmark plan for unions, corporations, and entire states.

The president wished to please his liberal supporters with more government redistributive programs and higher taxes on the wealthy. But such entitlements cost lots of money — more than $4 trillion in new borrowing in just three years – and scare to death the job-creating private sector. So the president not only borrows at record levels, but also sets up a commission to warn us that his borrowing will soon bankrupt the country. He damns the “fat-cat bankers” and the rich who “at some point” have made enough money, even as he courts them for campaign donations and begs their companies to start hiring new employees. …

… President Obama has spent most of his life either in, or teaching, school — or making laws that he was not responsible for enforcing. His hope-and-change speeches were as moving in spirit as they were lacking in details.

But now Obama is chief executive, and learning, as did Prince Hamlet, that thinking out every possible side of a question can mean never acting on any of them — a sort of Shakespearean “prison” where “there is nothing either good or bad.” Worrying about pleasing everyone ensures pleasing no one. Once again such “conscience does make cowards of us all.”