Today is the day that Nancy Pelosi becomes Minority Leader Pelosi. Doesn't that have a nice ring to it.
Merely in taking the gavel, Mr. Boehner will fulfill his most important mandate, which is stopping the damage done by the two Pelosi Congresses. To adapt the Hippocratic Oath, first there will be no more economic harm. The GOP has already achieved a major victory on this score by preventing the tax increase that had been scheduled for this week.
That success alone seems to have had a cheering effect on the country's economic mood, with businesses talking about new investment and investors bidding up stocks. Minority Leader Pelosi are three of the happiest words in the capitalist language.