Shortly after the Newtown horror, I wrote an angry post in which I, in effect, accused Obama of sacrificing those murdered children in order to make progress on economic problems facing the nation. I was wrong. He and his administration are moving with commendable speed and energy to seize this moment and convert it into lasting gun control legislation. He may fail, of course, but not through any inadequacy of his effort. I am delighted to be able to take back what I said and -- should he be listening -- apologize.
Now, on to the trillion dollar coin.