Here is another good news/bad news column about the 112th Congress.

America's version of capitalism has been much more dynamic than Europe's. Why don't Obama and Romney debate that?

It's comfortable living in a cocoon -- associating only with those who share your views, reading journalism and watching news that only reinforce them, avoiding those on the other side of the cultural divide.

Liberals have been doing this for a long time. In 1972 the movie critic Pauline Kael said...

In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.

Losing money is embarrassing. And an embarrassed Jamie Dimon publicly admitted that J.P. Morgan Chase goofed. Three senior executives lost their jobs as a result. But politicians and regulators in Washington are rushing to leverage the bank's misfortune for their own gain.

This is the season of generational twaddle. At graduation ceremonies across the country, politicians, authors, actors, and businessmen take to the stage to tell young people they are fantastic simply because they are young. This year, the ritual is more pathetic than usual because there’s a presidential election in the offing.