Americans will gladly support their president when he attacks nations that sponsor or harbor terrorists. We will even back him in a preemptive war against a country that might attack us. But when we start sending troops around the world to stabilize nations that, if left to disintegrate, might become breeding grounds for terror, it's a step too far for most Americans.

Each morning we sat reading our copy of the New York Times, the Washington Post or the Los Angeles Times and ruminated on their prophecies of doom and quagmire. Then we looked up to see, on television, correspondents actually embedded with our troops, reporting quick advances, one- sided firefights, melting opposition and, finally, welcoming crowds.

Spontaneous combustion of grassroots politics is the future.

President Lyndon Johnson's administration was known for his War on Poverty. President Obama's will become notable for his War on Prosperity. We're speaking, of course, of Obama's plans to hike income taxes on the most wealthy 2 or 3 percent of the nation. He's not just raising the top rate to 39.6 percent; he's also disallowing about one-third of top earner's deductions, whether for state and local taxes, charitable contributions or mortgage interest. This is an effective hike in their taxes by an average of about 20 percent.

Legislative action will never bring genuine campaign-finance reform. Consultants will prove endlessly inventive in gaming whatever system the reformers can devise so as to give their candidate an edge and allow the power of massive money to be felt. But reform laws will become irrelevant and redundant as the Internet replaces the special-interest fat cats as the best way to raise money and takes the place of TV as the most effective way to get votes.

Growth demands investment, and investment demands stability. So the more Obama stirs the pot with his proposals and potential changes, the more he retards exactly the investment he needs to get the economy moving again.

The last man to try to run for president advocating a tax increase was Walter Mondale. He lost 49 states in 1984, and the "I'll raise your taxes" reputation haunted him all the way to Minnesota last year, where he lost his 50th state in the Senate election.