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Friday 10 August 2012

Obama has every reason to feel underappreciated. Both the stimulus and health-care reform were kinda-sorta the right policies. The stimulus was not, as conservatives have convinced many of their fellow Americans, big government on steroids; it was Keynesian economics on birth control. It did not restore the 8 million jobs lost to the crash of 2008 or provide the 200,000 jobs a month needed for new entrants into the labor market, but it did prevent a second Great Depression. The health-care law was no more a prelude to a long march to European-style socialism than the similar bill Richard Nixon proposed 40 years ago — or the law Romney enacted as his greatest legacy to the people of Massachusetts. Drew Westen

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