Obama's Big Deal - By PAUL KRUGMAN NYTimes.com

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"Mr. Obama has his Big Deal. He hasn't delivered everything his supporters wanted, and at times the survival of his achievements seemed very much in doubt. But if progressives look at where we are as the second term begins, they'll find grounds for a lot of (qualified) satisfaction....For one thing, the Big Deal's main policy initiatives are already law. This is a contrast with Mr. Bush, who didn't try to privatize Social Security until his second term -- and it turned out that a "khaki" election won by posing as the nation's defender against terrorists didn't give him a mandate to dismantle a highly popular program....So the story is far from over. Still, maybe progressives -- an ever-worried group -- might want to take a brief break from anxiety and savor their real, if limited, victories.

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