In his Inaugural address, Barack Obama summoned Americans to a "new era of responsibility" and challenged us to end the politics of "standing pat ... and putting off unpleasant decisions." It could have happened. If there was ever a President sitting on a high enough mountain of political capital to lead the country through a series of very painful but necessary political decisions, it is Obama. But sadly, that new era has so far been a promise unfulfilled. The Obama Administration's strategy has been no more than an effective execution of politics as usual, wrapped in more, not less, of the...
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