The Road to Recovery
Whatever else they may do in office, presidents are largely judged—by the voters, if not historians—on their handling of the economy.
So with unemployment edging into double digits, last week’s Intelligence Squared US debate topic—”Obama’s Economic Policies Are Working Effectively”—attracted the largest audience in the history of the series, and the closest margin of victory ever for one side.
It also attracted some notable debaters, including New York’s former governor Eliot Spitzer, who is reemerging into public life, 18 months after his resignation.
Like many in the audience, Spitzer, who before his election as governor was known for investigating Wall Street banks as New York’s attorney general, seemingly had a hard time making up his mind: just before the debate, he threw the organizers into turmoil by switching positions—to join, it turned out, the losing side.
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