Spending as much as you are already spending is not saving just because you could have spent more. It’s like what my son once said about Costco: “I can’t afford to save that much”.

The Democrats had two years controlling the WH and both houses of Congress in which to do something about the mushrooming of the deficit and the accumulated debt. They did nothing. Now in response to GOP pressure led by the tea party they are prepared to do … nothing except complain that any given actual cut will take money away from somebody who ought to receive it. And in the meantime Obama’s budget abandons his promise to extend the 2002 tax rates another two years (something else he could have done something about in 2009 and 2010 if he had really wanted to).

Since our President will not lead, we must. It’s a dirty job, but somebody has to do it.