03/20/2010 05:12 am ET Updated May 25, 2011

Paul Krugman: What Obama Failed To Do In His First Year

Lately many people have been second-guessing the Obama administration's political strategy. The conventional wisdom seems to be that President Obama tried to do too much -- in particular, that he should have put health care on one side and focused on the economy.

I disagree. The Obama administration's troubles are the result not of excessive ambition, but of policy and political misjudgments.

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