Health care and the contest of credibility

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The largest challenge President Obama faces is job creation. But the largest issue over which the president and Congress have actual control is the deficit. So the first clear comparison between Obama and newly empowered Republicans will be a contest of credibility on the budget. After presiding over budgets adding $3 trillion in debt, one would think Obama is at a disadvantage. But one, as usual, has no idea what one is talking about. On spending, Obama will attempt to outflank Republicans to...