As we remain mired in two costly and endless wars, and emerge from the Great Recession, the timorous have taken control. Our national debt is far lower a burden than it was after World War II, but our deficit in confidence is far higher.
Will Obama's presidency wind up charting a similar course as Carter, or will he recover as Reagan did? Only a fool would even contemplate making such a prediction at this point, that's all that really can be said.
Everyone was looking for a healthy bounce in Obama's poll numbers after health reform passed. This bounce has either failed to materialize yet, or is so gradual it likely won't end up being called a "bounce."
Collectively, the Forbes 400 have $1.57 trillion in wealth. It's hard to get your mind around a number like that. So let's imagine that it was available for the public good. What does $1.57 trillion buy?