Krugman: Here's The Best Thing About Obama's Inauguration Speech

Krugman: Here's The Best Thing About Obama's Inauguration Speech
PRINCETON, NJ - OCTOBER 13: Princeton Professor and New York Times columnist Paul Krugman smiles during a press conference to announce his winning the Nobel Prize October 13, 2008 in Princeton, New Jersey. Krugman was given the prestigious award, which includes a prize of $1.4 million for his work on economic trade theory. (Photo by Jeff Zelevansky/Getty Images)
PRINCETON, NJ - OCTOBER 13: Princeton Professor and New York Times columnist Paul Krugman smiles during a press conference to announce his winning the Nobel Prize October 13, 2008 in Princeton, New Jersey. Krugman was given the prestigious award, which includes a prize of $1.4 million for his work on economic trade theory. (Photo by Jeff Zelevansky/Getty Images)

President Obama's second Inaugural Address offered a lot for progressives to like. There was the spirited defense of gay rights; there was the equally spirited defense of the role of government, and, in particular, of the safety net provided by Medicare, Medicaid and Social Security.

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