The Balance Of Obama

My Sunday column : The question buzzing around Washington’s chattering classes is the following: is the actual historical moment that Obama inherited — unforeseen in its scope and danger this time last year — the right moment for these instincts? Are his caution and delegation a liability in a period of a dysfunctional Congress, a near-psychotic Republican party and a potentially lethal global depression? After a period in which the American executive claimed vast powers and institutionalise