Jonathan Bernstein at Citizen Cohn on Matt Bai's piece on Obama.

Ezra Klein does a parody of Bai.

At first glance I thought the piece was favorable to Obama if you read between the lines, essentially saying he accomplished a lot but the economy turned out worse than they thought it would.* However I usually don't like the memos Bai writes so maybe I was wrong and need to look at it some more...
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* I'd argue b/c of the European sovereign debt crisis.