The State of Obama - A calamity on all fronts

The State of ObamaA calamity on all fronts An observer is entitled to wonder if this administration has taken leave of its senses. I have often written here that it might do better at some point, but it has been in office for 26 months and its policy record is a shambles. It has given precisely no indication of what it proposes to do about the trillion-dollar-plus deficits it is serenely racking up and projecting. The latest budget, in lockstep with its precedents, is a farcical mockery of prudent management: It forecasts no improvements, and such forecasts as there are...