During a “60 Minutes” interview that aired yesterday, President Obama said that the intelligence community “underestimated” the threat posed by ISIS.

This is from the transcript of the 60 Minutes interview:

Steve Kroft: How did they end up where they are in control of so much territory? Was that a complete surprise to you?

President Obama: Well I think, our head of the intelligence community, Jim Clapper, has acknowledged that I think they underestimated what had been taking place in Syria.

That is being interpreted by some as Obama admitting that he got it wrong:

Really? As if:

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