OK, as a fan of gridlock, I'm looking forward to two pretty good years. Maybe the US will get out of Iraq. It seems less likely that a pre-emptive strike will be made on Iran. W will probably resist D calls for new taxes, though he might give a little bit. New programs seem unlikely. Maybe they raise the minimum wage, which is bad for the poor, as I see it, but arguing this one just seems futile, given the lack of economics knowledge in the general population. I expect tweaks to the health insurance regime, but no real movement in either direction (statism or liberty). No change to Sarbox seems in the cards.

Still, I can think of something affirmative that the Feds should do: Abolish the penny. What a freaking waste of resources! Giving them is only slightly more frustating than getting them. The penny's value has been inflated away to the point that rounding everything to a nickel seems highly common sensical and transpartisan.

Next: The nickel!

-Robert Capozzi