And Now a Moment of Realism

From the WSJ Editorial Page:

Barack Obama during his acceptance speech played a riff on Phil Gramm’s impolitic remarks about a “mental recession” and a “nation of whiners.” Like a succession of Democrats at the podium, he painted the economy in the darkest, most hopeless of colors — never mind that the economy is actually growing and unemployment is still lower than it was during much of the Clinton presidency.