Ambinder takes on today's job summit:

[T]he White House does not seem to believe that (a) anything sensible to meaningfully reduce the unemployment rate can be proposed, completed and paid for -- and executed -- by next November. Nothing, in any event, that wouldn't jeopardize recovery in the long-term. This frustrates people in the party to no end, as well it might.

But it's responsible governance. What a refreshing change. Not that Obama will get any credit for it from the right.

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