Jordan's Trillions

[Geee]

American Spectator:

The first major speech of President Obama's 2012 reelection campaign will be given tomorrow night before a joint session of Congress.
The White House -- through its media avatars such as the New York Times -- have begun setting the narrative for the campaign. According to the narrative, Obama is the second coming of Bill Clinton, craftily morphing his liberalism into centrism without alienating his liberal base, eager to move the nation forward in compromise with the Republicans returned to power in November.

It is a fiction: Obama is not moderating in any respect, and he won't compromise except to the extent that he will be forced to do so by the Republican House.

As the Times "reported" yesterday, Obama's purported moderation "…means emphasizing job creation, deficit reduction and a willingness to compromise in a new period of divided government. But it also means a willingness to make the case for spending -- or investment, as many in his party would prefer to call it -- in areas like education, transportation and technological innovation when it can be justified as essential to the nation's long-term prosperity."

Barry will be playing a fiscal con game in his State of the Union address. Barry's game isn't a Ponzi scheme: his fiscal con game is the budgetary equivalent of one of those diets that promises you'll lose weight no matter how much you eat. Spend more, he will say, to reduce our deficit.