2011, The Year Washington Lost

 

WASHINGTON — With yet another high-profile fight between Congress and the White House coming down to the wire, 2011 ended with a sense of deja vu. This time, President Barack Obama survived the cable news carnage with a two-month extension of the payroll tax cut and unemployment benefits — a victory in political terms, but little more than a stopgap as a matter of actual policy. This has been the story on jobs legislation all year: small-bore, short-term or substantively irrelevant. On economic policy, 2011 was a lost year

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