There is no dispute between right and left on Inauguration Day. President Obama's speech was neither moderate nor conciliatory. It was a liberal's call for big government and a rejection of the idea that serious reform of entitlement programs is required.
Those liberals who were certain that Obama would move to the center in the second term or if they weren't, told us so anyway are no doubt elated.
But this is good news for the Republican Party as well. In 2009 the GOP held its collective breath, nervous that the incoming president might pursue a pro-growth, centrist approach and effectively push Republicans to the far end of the political spectrum. Instead, the president went after Obamacare and a stimulus and Democrats got shellacked in 2010.