The president flew out today, on his way to Europe to talk up his new spending plan. Which, at present, is half what his first spending plan was and does nothing to reduce our spending deficit, not to mention our debt.

Which is fine. Keynes explained it to us: Why it is that, in tough times, we need to borrow and spend so that the good times return sooner. He used many pages of complicated mathematical formulae to back up his premise, and the number of people who can even understand them much less comprehensibly explain them is tiny, so let’s just take his word on it, shall we? The government is right to borrow and spend. We may disagree on how it spends what it gets—

Ah, but that’s the point, isn’t it? We do disagree. We pretty much all disagree, and volubly, at great length.

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