"Sitting in the Oval Office, beneath a painting of George Washington, with a bust of Martin Luther King Jr. over his right shoulder and a bust of Abraham Lincoln over his left shoulder, Obama told 'National Journal' that the country's economic woes are deep and endemic."

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We are watching industries crumble, Wall Street firms disappear, unemployment spike, and unprecedented government intervention. And our designated opinion leaders want to know: Is Obama up this week? Is he down? And is his leadership style more like Bill Clinton's, or Abraham Lincoln's?

— Thomas Frank