found online by Raymond
From Jonathan Bernstein:
On one hand, the fact that some media frenzies have little or no long-term effects is important and accurate, and some presidents go four or even eight years without learning not to overreact to whatever minor flap people are obsessed with at the moment. One of Barack Obama’s enormous strengths as a politician was that he was aware of that early on, and while his administration didn’t always act accordingly, overall it was a real plus for him.
But, no, it’s certainly not true that “nothing matters.”