Commentary

 PERHAPS it is going too far to say, as someone did after the Gulf of Mexico oil spill two years ago, that most Americans want a president who is cool, calm, and collected in a crisis – except when there is a crisis. But of all the charges thrown at President Barack Obama by his domestic political opponents, the hardest for most outsiders to accept is that he is too emotionally disengaged: all brain cells and no red-blood cells.

AMERICANS are great believers in the value of entrepreneurs and small business. That faith underlies the JOBS (Jumpstart Our Business Startups) Act, a new law that will make it easier for small companies to raise money and bypass the regulatory “friction” that firms encounter when they go public.