In his most recent column, Paul Krugman makes a convincing case that the "real referendum" in this election isn't about President Obama's (real or imagined) economic policies, but about the "the legacy of the New Deal and the Great Society, on Social Security, Medicare and, yes, Obamacare, which represents an extension of that legacy." Krugman predicts that President Obama will win this resolution, and goes on to question whether the President will honor the will of American voters in his second term.
If Obama wins, that means conservatives will have lost the "real referendum." Conservatives have already lost the "real referendum." They've been losing it for a long time — and it's worth considering why that's the case.
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