Back to basics: the employment report. Nothing great, but no disaster. We're certainly not having anything like Clinton's peace-and-prosperity second term, but at least for the moment it seems we're more in the direction of getting there than we are moving towards George W. Bush's second term. Even if there doesn't seem much hope of actually getting there within four years.
It's good that Obama finally got around to choosing a Secretary of Commerce, but much harder to imagine how a Secretary of Commerce can matter.
What do you have? What do you think mattered this week?