Obama's job approval polling average is now once again "above water" -- defined as more people who approve of the job he's doing than disapprove. This might not sound all that momentous, but it is actually the first time in almost three years that it has happened.
People filling up their cars lately have seen the price of gasoline drop below $3 a gallon, and there are indications we might be heading closer to $2 a gallon nationally some time next year. Americans with big-car lust might be thinking at this point, "Time to buy that Chevy Suburban."
It's that magical time of year when the wee folk of Capitol Hill actually get something done. These brief bursts of activity only happen very rarely, of course, and always immediately proceed another one of the many, many long vacations Congress takes during the year.
We don't hear much about the precipitous fall of crude prices in connection with conspiracy theory and popular revolt. It's a pity. What we hear is the usual pabulum that a weak economy means less demand.