President Obama’s campaign speech on the economy today was an utter disaster for him. It was a bromide of tired old arguments, pathetic blame-placing, and shopworn con tricks. And even liberals like Jonathan Alter had to admit that it was, overall, a dramatic failure.

He began where he always does: with blame. “We’ve been wrestling with these issues for a long time,” he said. “The problems we’re facing right now have been more than a decade in the making …. For more than a decade, it had become harder to find a job that paid the bills, harder to save, harder to retire, harder to keep up with rising costs of gas and health care and college tuitions.” Translation: Blame Bush.

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