Certainly there are worse sins than doing everything possible to make your presidency matter.

Ironically, tendency to ignore inconvenient facts and unwelcome evidence is actually President Reagan's true legacy, as I noted in 'The Nation' back in 2000, before the current right-wing mania for President Reagan gained its full force.

More and more, Democrats are starting to worry they that they have a more um, colorful version of Jimmy Carter on their hands. Obama acts cool as a proverbial cucumber but that awful '70s show seems frightfully close to a rerun.

Americans continue to suffer from a notoriously short attention span. They get mad as hell with reasonable frequency, but quickly return to their families and sitcoms. Meanwhile, the corporate lobbies stay right where they are, outlasting all the populist hysteria.

Veteran print editors and reporters at places like the 'Times' and 'The New Yorker' manage to feed and clothe their families without costing their companies a million bucks a month, and they produce a great deal more valuable reporting and analysis than the network news stars do.

Three centuries after the appearance of Franklin's 'Courant,' it no longer requires a dystopic imagination to wonder who will have the dubious distinction of publishing America's last genuine newspaper. Few believe that newspapers in their current printed form will survive.

America's great newspapers have staffs that range from 50 percent to 70 percent of what they were just a few years ago.