WALTER RUSSELL MEAD: Buck Up, America!

I don’t want to minimize the challenges that face us, and especially the suffering of those among us who’ve lost jobs and seen the value of their homes and their savings erode. Indeed, in the months to come I will be posting about the challenges ahead of us and the costs of failure. If anything, we are still underestimating the risks, and the upheavals ahead are in many cases even bigger and scarier than is yet generally understood. Living up to the challenges of our time is going to take everything we have — and then some.

But even from that perspective, the current mood of pessimism and hand-wringing seems overdone.

Depends on what happens in November, I guess. . . .