Progressives have fallen into a trap. Emboldened by President Bush's plummeting approval ratings, progressives increasingly point to Bush's "failures" and label him and his administration as incompetent. For example, Nancy Pelosi recently charged "The situation in Iraq and the reckless economic policies in the United States speak to one issue for me, and that is the competence of our leader." Self-satisfying as this criticism may be, it misses the bigger...