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Obama unlikely to pass major legislation in second term

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There’s been a near consensus that one of the takeaways from President Obama’s second inaugural speech on Monday was that it was unabashedly liberal. “This was Barack Obama without apology—a liberal emboldened by political victory and a desire to enter the history books with a progressive agenda,” enthused New Yorker editor and biographer David Remnick. In reality, the speech wasn’t all that...

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