whom Obama saved in the financial sector are now fueling Romney's fundraising juggernaut.



Three years into his administration, the president realized that the 2011 "Summer of Recovery" was a bust. The policy path that his macro-economic-focused team had charted was not generating the jobs recovery his political future or the nation needed.



So the president shifted toward a jobs-and-infrastructure set of proposals that Bernstein had taken the lead in crafting, and which built on job-generating, infrastructure-investment proposals pushed by the Center for Strategic and International Studies and the



His new course was the one Joe Biden had been advocating since the beginning of the administration -- policies designed to keep people in their homes and working, focused on smart investments in nationally vital infrastructure projects that would deliver returns for generations.Those policies would also incrementally shift the economy away from the financial sector and toward a more balanced system that placed a premium on science and technology, inbound investment, and high-wage infrastructure platforms that the private sector alone could not produce. Three years into his administration, the president realized that the 2011 "Summer of Recovery" was a bust. The policy path that his macro-economic-focused team had charted was not generating the jobs recovery his political future or the nation needed.So the president shifted toward a jobs-and-infrastructure set of proposals that Bernstein had taken the lead in crafting, and which built on job-generating, infrastructure-investment proposals pushed by the Center for Strategic and International Studies and the New America Foundation (disclosure: I'm a senior fellow there).His new course was the