Chuck Schumer was right
In fact, Obama was carefully instructed to follow the Clinton policy. He knew the best policy even in the primaries, it was obvious. The Democratic catastrophe was entirely the result of Pelosi, Cristina Romer, Krugman and fraud at the UC Berkeley economic department.
Lesson: California is a Boat Anchor. If UC Berkeley does not like that, then talk to the California legislature; DC cannot help, the problem is endogenous to California politics.
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