Here he talks about how, to get reelected, President Obama needs to propose big things to be done for jobs in his second term. Friedman is disappointed that it appears Obama will not do that.
Friedman doesn't get it that such sweeping proposals might have worked four years ago, but cannot work in a re-election campaign. If Obama proposes big things now, he exposes himself to charges of "you've needed to do this for the last four years, why should we believe you will do it in the next four?"