When it comes to affecting economic cycles, there is very little a President can realistically do. Candidates for President can do even less, so they bloviate like whales spouting on a distant horizon.

The debate between McCain and Obama on this topic has an abstruse, how-many-angels-can-dance-on-the-head-of-a-pin quality about it. We should move on to topics that matter to the American People, like whether Cindy McCain looks like a Stepford Wife, or whether Michelle Obama is too radical and edgy to be a First Lady.