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Economist’s View – Paul Krugman: The World as He Finds It

From the Economist’s View:

Paul Krugman: The World as He Finds It

Does Obama have the ability to take a stand, and then fight to hold his ground?:

The World as He Finds It, by Paul Krugman, Commentary, NY Times: On Wednesday David Axelrod, President Obama’s top political adviser, appeared to signal that the White House was ready to cave on tax cuts — to give in to Republican demands that tax cuts be extended for the wealthy as well as the middle class. “We have to deal with the world as we find it,” he declared.

The White House then tried to walk back what Mr. Axelrod had said. But it was a telling remark…

In retrospect, the roots of current Democratic despond go all the way back to the way Mr. Obama ran for president. Again and again, he … promised to transcend … partisan divisions. … But the real question was whether Mr. Obama could change his tune when he ran into the partisan firestorm everyone who remembered the 1990s knew was coming. He could do uplift — but could he fight?

So far the answer has been no.

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