Dan Froomkin: Obama Fails To Move The Needle With His Jobs Speech

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The White House seems to think that the biggest economic danger ahead is a loss of investor confidence, so Obama is shying away from anything that could be seen as dramatically increasing the deficit. But a much stronger case can be made that a weak labor market is what poses the real danger -- especially if combined with a Republican resurgence fueled by the very people whom Republican policies damage the most.

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