Ex-Time magazine editor Walter Isaacson declared in the August 25 issue that Barack Obama "can still secure his legacy" by aggressively lobbying for liberal causes. Isaacson worried, "Obamacare may be undermined if the Supreme Court guts subsidies for the federal exchanges. If so the sweeping nature of the reform will survive only if Obama mounts a rousing, state-by-state campaign to rally passion for protecting the new health benefits."
The Time editor cheered, "President Obama has scored two monumental achievements: helping to restore the financial system after the 2008 collapse and making it possible for every American to get health care coverage, even if they leave their jobs or have preexisting conditions." Isaacson's real complaints with Obama seem to be not fighting hard enough for liberalism.


Reading Bob Novak's new book about his years as a Washington reporter, I came across his recollection about how back in 1980, when marginal income tax rates stood at 70 percent, political reporters considered it bizarre that then-candidate Ronald Reagan supported the Kemp-Roth plan to reduce income taxes by 30 percent. On page 357 of 'The Prince of Darkness: 50 Years Reporting in Washington' (