We are asking the impossible of the new administration. Nobody can fix a catastrophe of this magnitude over night that is the result of deconstructing the rule of law in the financial sector for some 25 years.
Democrats in Congress could really use a lesson in the art of politics from President Obama. They have handed the Republicans a legitimate issue to complain about, and there isn't a single good reason for it.
From the commentariat to the White House chief of staff, the lesson to be learned from the last two weeks, we are told, is that the Obama administration let the Republicans frame the debate over the stimulus.
Wandering around Georgetown yesterday for this video, I found that in this ritzy neighborhood, the sandwich business stands to gain from the president's payroll tax cut ($13 a week for the average worker).