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November 07, 2012


The Republicans Bet Everything and Obama Won

Jonathan Chait: "Republicans greeted Barack Obama's presidency with a calculated wave of total opposition. They would not cut a deal on health care or on the federal budget, each time accepting the risk of total defeat rather than settle for half-measures, like giving Democrats some kind of token health care reform or small tax increase."

"The gamble was that by denying Obama any support, they would render his presidency wholly partisan at best, and a dysfunctional failure at worst. They would increase their own chances of denying him a second term, and that their return to power would allow them to claim a full and absolute break with the past. They shoved all their chips onto tonight's election. When the networks called it at 11:15 pm, the totality of the right's failure was clear. And because they bid up the stakes as high as they could, their loss was unusually devastating."












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