I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.
On the foreign policy front, Barack Obama is not a confrontational man. He stayed away from all confrontations, and you can look and see what happened overseas. It's a mess everywhere. So he made major mistakes, major policy mistakes. Those mistakes are not going to be forgiven by history.
Barack Obama will go down alongside George W. Bush in that realm as middling presidents because both made too many mistakes to be categorized as an effective, good president.
Every book has mistakes in them, every one. There's never been a book published without mistakes.
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