It has always amazed me how tax cuts don't work until they take effect. Mr. Obama's experience with deferred tax rate increases will be the reverse. The economy will collapse in 2011.
A lot of our assumptions of the world are fairly cynical, fairly negative, and assume the worst. What our reading tastes show - in this rush to fantasy, romance, whatever - is that we actually still want to believe in a world of possibility, in a world of mystery.

