Change? We don't need no stinkin' change

EJ Dionne marvels at the short term memory loss.

Among other things, the Chamber promises "legal action to challenge unconstitutional and unlawful government regulations." Might that presage -- again, the New Deal parallels are striking -- a battle between a progressive president and a conservative Supreme Court?

Obama's preference is to transcend conflict, not confront it. He has been careful to present himself as a defender of free enterprise (as FDR did) and to insist that only unfortunate chance has made him the arbiter of the fate of banks and car companies.

Yet the paradox is that if the recovery continues, as Obama hopes it does, support for change will weaken, those threatened by change will be emboldened and slogans only recently discredited will be revived. The greatest danger to Obama's plans comes not from the Republican Party but from how short our memories are.

In the same paper, Summers and Geithners outline their proposal to not let a good financial crisis go to waste.

And, over at the Times, Krugman warns that it's starting to look a little like 1937.