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Alan Kling explains why it's been a bad month for (true) liberals. Quotable:

I used to evaluate candidates for President by their taste in economists, on the theory that getting free markets right is at least half the battle. In 1992, Bill Clinton was taking advice from one of my favorite economists, Alan Blinder. So I voted for Clinton. Meanwhile, my wife evaluated the 1992 race on the basis of the candidates' taste in women. On the one hand, she saw Barbara Bush. On the other, she saw Hillary Clinton and Gennifer Flowers. My wife voted for Bush ...