All politics takes place on a slippery slope. The most important four words in politics are up to a point.

With a chip on his shoulder larger than his margin of victory, Barack Obama is approaching his second term by replicating the mistake of his first. Then his overreaching involved health care - expanding the entitlement state at the expense of economic growth. Now he seeks another surge of statism, enlarging the portion of gross domestic product grasped by government and dispensed by politics. The occasion is the misnamed "fiscal cliff," the proper name for which is: the Democratic Party's agenda.

[A] re-elected McConnell, with a Republican majority, would, he says, emulate his model of majority leadership - the 16 years under a Democrat, Montana'€™s Mike Mansfield. He, like McConnell, had a low emotional metabolism but a subtle sense of the Senate's singular role in the nation's constitutional equilibrium.

It is axiomatic: When there is no penalty for failure, failures proliferate.

Look, three love affairs in history, are Abelard and Eloise, Romeo and Juliet and the American media and this President at the moment. But this doesn't matter over time. Reality will impinge. If his programs work, he's fine. If it doesn't work, all of the adulation of journalists in the world won't matter.

I suppose there's a melancholy tone at the back of the American mind, a sense of something lost. And it's the lost world of Thomas Jefferson. It is the lost sense of innocence that we could live with a very minimal state, with a vast sense of space in which to work out freedom.

Republicans define freedom as an absence of restraints imposed by government. Democrats define freedom as an absence of necessity, which government exists to reduce. America has not moved as far as it thinks it has beyond the argument about the New Deal, when FDR insisted, "Necessitous men are not free men."