Abstract

Obama, like every other major party nominee, must raise millions of dollars from wealthy Americans and thus cannot alienate all of them if he expects to hold onto the presidency. But Obama has also signed bills that aim to prevent the kind of financial abuses that largely brought about the Great Recession—as well as a major reform and expansion of the health care system. And he has appointed thousands of men and women who, away from the media’s glare, are working to carry out a progressive agenda. One result is that far more Wall Street executives this year are donating to Mitt Romney, who is one of their own, than to Obama.

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