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Paul Krugman: The Real Referendum

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opednews.com Headlined to None 10/1/12

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This election is shaping up as a referendum on our social insurance system, and it looks as if Mr. Obama will emerge with a clear mandate for preserving and extending that system. Voters are, in effect, being asked to deliver a verdict on the legacy of the New Deal and the Great Society, on Social Security, Medicare and, yes, Obamacare, which represents an extension of that legacy. It would be a terrible mistake, both politically and for the nation's future, for him to let himself be talked into snatching defeat from the jaws of victory.

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