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It speaks to the continuing public confusion over what happened in 2008 – and why the economy remains so messed up that the Federal Reserve decided this week to keep the overnight interest rate at nearly zero (where it has been, by the way, since George W Bush was president).For all his oratorical skills, Barack Obama has turned out to be a lousy communicator when it comes to economic policy. His administration has never made plain to the American people what caused the crisis and why it responded as it did.To be fair, Mr Obama was obviously trying to figure things out for himself as the economy collapsed during the final months of his campaign and the early days of his administration. If Mr Bush falls short, perhaps the best hope of the party's more moderate, business-oriented wing is Ohio's governor, John Kasich, a Lehman managing director from 2001 to 2008 . In other words, this race probably offers more presidential candidates with Lehman experience than any in our history. In such an unsettled context, it is understandable that voters will start looking in unlikely places for alternatives to the establishment presidential candidates.
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