To own the dominant, or only, newspaper in a mid-sized American city was, for many decades, a kind of license to print money. In the Internet age, however, no one has figured out how to rescue the newspaper in the United States or abroad.
There are more people at Obama's table offering ideas than there were five years ago, but when it came to facing up to the Republicans' threat to force a double-dip recession if they didn't get their millionaires' tax cut, they still amounted to nothing. And therein lies our fundamental problem.
Obama, like Carter, is reacting to warning signs by seeking to split the difference between dispirited Democrats and increasingly radicalized Republicans.
President Obama has lowered taxes more than he has raised them, and they are today lower than they were in President Reagan's time. But you don't hear conservatives crowing about that.
Politically, Obama's amazing streak of self-destructing opponents who have lain beneath his feet during his unlikely political career appears to be holding.
One of the many, many salutary aspects of Barack Obama's impending presidential nomination is the sea change his victory marks in the battle for the mind-set of the American foreign policy establishment.
So was it a political mistake for Obama to put so many eggs in the health-care-reform basket? Well, a negative decision from the Supreme Court will certainly make it appear so.
Whether one agrees or disagrees with the tactics of the Occupy Wall Street movement, it's easy to understand the inspiration for its anger as well as its impatience.
Veteran print editors and reporters at places like the 'Times' and 'The New Yorker' manage to feed and clothe their families without costing their companies a million bucks a month, and they produce a great deal more valuable reporting and analysis than the network news stars do.
Three centuries after the appearance of Franklin's 'Courant', it no longer requires a dystopic imagination to wonder who will have the dubious distinction of publishing America's last genuine newspaper. Few believe that newspapers in their current printed form will survive.
The myth of the liberal media empowers conservatives to control debate in the United States to the point where liberals cannot even hope for a fair shake anymore.