Obama seemed poised to realign American politics after his stunning 2008 victory. But the economy remains worse than even the administration's worst-case scenarios and the long legislative battles over health care reform financial services reform and the national debt and deficit have taken their toll. Obama no longer looks invincible.
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In order to lead a country or a company you've got to get everybody on the same page and you've got to be able to have a vision of where you're going. America can't have a vision of health care for everybody green economy regulations – can't have a bunch of piece-meal activities. It's got to have a vision.