I agree we need grand things. But the grand things I want will not happen. They are not on the political table or in the minds of most people or politicians for a variety of reasons. I am talking about comprehensive tax reform that leads to a progressive consumption tax in place of income and corporate taxes, intellectual property right reform to stop the patent hoarding and subsequent lawsuits currently happening, a stronger Pigouvian tax system especially when it comes to combating negative environmental externalities and possibly for financial systemic risk, immigration reform to at least let highly qualified individuals to gain citizenship or come here easier, a number of changes to synergize healthcare markets and to bring down costs including with education etc. I have no hope for most of these things right now.