PEGGY NOONAN: Incompetence. “Everyone is doing thoughtful year-end pieces on President Obama. Writers and reporters agree he’s had his worst year ever. I infer from most of their essays an unstated but broadly held sense of foreboding: There’s no particular reason to believe next year will be better, and in fact signs and indications point to continued trouble. I would add that in recent weeks I have begun to worry about the basic competency of the administration, its ability to perform the most fundamental duties of executive management.” In recent weeks, eh?