Victor Davis Hanson, on what we can expect with the coming of the new administration:

All the campaign talk of the Great Depression, a Vietnam-like war, and our shredded Constitution will now thankfully subside as the Obama administration assumes office and solves problems with conciliation, dialogue, and multilateral wisdom, rather than shrillness, unilateralism, preemption, and my-way-or-the-highway dogmatism. We will hear that, by historical levels, unemployment is still not that bad, that GDP growth is not historically all that low, and that deficits, inflation, interest rates, and housing starts are all within manageable parameters. “Depression” will transmogrify into “recession” which in turn by July will be a “downturn” and by year next an “upswing” on its way to boom times.