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Heard on the Street: Obama’s “Abe Lincoln Moment”

From a Memphis financial adviser – the opportunity to fix Medicaid, Medicare and similar budget-busting entitlement programs is President Obama’s “Abe Lincoln moment.”

The theory – from someone frequently critical of the Obama administration’s decisions about the economy – is that the only person who will have the credibility to bring those programs under control is an African-American Democrat.

Dansette

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