From Rich Lowry.
Perhaps Obama’s muddle-through approach to the banks will suffice until the natural resilience of the economy brings a recovery. Or perhaps, as Obama temporizes, the problem will get bigger and worse, discrediting his leadership and exposing the vision of his budget as, in the words of a headline in The Economist, “wishful, and dangerous, thinking.” Either way, Obama will be calm.
It’s a lot easier to be calm when you’re incompetent – because you have no idea what’s going on.
Remember, never attribute to malice that which can be adequately explained by stupidity. Word.