The New Era of Irresponsibility

We don't have a moment to spare, but evidently we have $1 trillion.

This is the theory underlying the "stimulus" package: Since we can't depend on consumers to spend money they don't have on stuff they don't need, the government has to do it for them.

Never mind the disappointing history of using government spending to jump-start the economy. Although it didn't work in the United States during the 1930s or in Japan during the 1990s, Obama is eager to try again, like Bullwinkle reaching into his hat for a rabbit after getting a lion and a rhinoceros, exclaiming, "This time for sure!"

It's a puzzlement to me why the administration, Congress and the American people don't understand that we don't have the money to pay for the spending spree bill they are determined to inflict on us.