Sums it up real nicely.

From the FORTUNE article, “Main Street turns against Wall Street”:

“The next President will have to temper expectations a lot,” says Middlebury College economist David Colander, “far beyond what either of the candidates has been willing to talk about.”

If that means Republican John McCain gives up on letting the upper middle class keep the Bush tax cuts, it also means that Democrats will have to stop promising ambitious spending programs.

Even though Obama says his push for universal health care isn’t in any jeopardy, I think we can all agree it just ain’t going to happen. Even in good times there are too many low-income poor folk who continue voting against insuring that their own children have health care, in favor of handing over more wealth to the wealthy. They’re holding out hope that “trickle down” will eventually kick in. Rush Limbaugh tells them it will happen, so they believe. Besides, who wants to be called a “commie pinko bastard”?

Capitol Hill brimmed with calls for limits on pay for any executive who wanted taxpayer help.

If the final measure mentions anything about “effective” pay limits to these bastards, I’ll eat my hat!