I’ll just quote his last ‘graph:

If the Democrats lose badly in the midterms, the talking heads will say that Mr. Obama tried to do too much, this is a center-right nation, and so on. But the truth is that Mr. Obama put his agenda at risk by doing too little. The fateful decision, early this year, to go for economic half-measures may haunt Democrats for years to come.

Actually, I am not entirely sure that this is true. There is a pat of me that believes that Obama’s agenda has always been very minimalist.

Just read the whole thing.