Tomorrow President Obama will return to Cooper Union in New York, where he gave a speech on financial reform as a candidate two years ago. We’re told that his advisors want him to “go big” in his speech, as he did when he addressed a joint session of Congress on health reform. But if he follows the same course he followed in health reform – “going big” on rhetoric and then “acting small” on policy – he’s not just courting political blowback: He’s running the risk of going down in history as this century’s Herbert Hoover.
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