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Happy days are not here again, but they are coming for conservatives. Barack Obama — with the lowest approval rating (according to Gallup, 50 percent, four points lower than that of the National Rifle Association) of any re-elected president when inaugurated since the Second World War — has a contradictory agenda certain to stimulate a conservative revival.

Consider his vow to expend political capital on climate change. The absurdity of the Kyoto approach — global climate treaties agreed to by 190 nations — is now obvious even to most former enthusiasts.

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