Those upset because Team Obama didn’t get tough with Wall Street would have nowhere else to go, they thought. It was science, political science: move to the center, and you can take such people’s votes for granted. That the liberals’ failures might expose them to deadly flanking fire from the right is something the administration appears not to have seen coming; for all their subtle learning, many members of the liberal class still don’t believe it really happened—what did them in, they think, was just the recrudescence of some boorish reflex in the minds of an unenlightened public. And this
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