With Cheney's renouncing presidential ambitions, it is known in advance that the Bush Administration will die in January 2009 without an heir. What does that mean? … [E]arly in Bush's second term, the fact that Bush-Cheneyism will never have to seek popular ratification again gives Bush unique freedom of action. Which, in the hands of a President with unusually ambitious goals, will yield perhaps the most energetic — to some, the most dangerous — presidency of our lifetime.
Bush-haters will tremble at this, both with fear (of a hardline conservative judiciary?) and with anger (privatizing social security? How could he?). Conservatives, though, will be delighted, at what could be a seminal period in American history. Libertarians will have cause to cheer, especially if Bush’s reform of the tax codes involves abolishing the IRS in favout of a national sales tax. Krauthammer sums it up by saying, “This is no accidental presidency. Bush intends his to be a consequential presidency.”
An interesting four years lie ahead.