As one reads the logic contained in the post below from the WSJ, let's contrast the thoughts of fiscal sanity with the lunacy contained in the following article from The Nation which, I guess, is the standard bearer for the left.  A Liberal might argue about the margins of their ideas, but this is their plan, this is their wish, this is....are you kidding me!

The first fundamental failure of Keynesian economics occurred forty years ago during the Vietnam War when the economy was overheating but the political system failed to take the corrective steps that would restrain price inflation—that is, raise taxes and reduce federal spending. The decade of economic stagnation that followed became a central factor in discrediting both liberalism and the Democratic Party.

We are now witnessing a second great failure of the doctrine John Maynard Keynes devised for managing a healthy economy. This time, Washington faces the opposite problem—a starkly underperforming economy in which 10 percent of the workforce are without jobs and income. Yet the President and Democratic Congress, spooked by the swollen federal deficits, are unwilling to do what Keynes prescribed in these circumstances—pump up federal spending enormously and run even larger budget deficits in order to force-feed a stronger recovery.

 I'm not sure I would let these idiots baby sit a pet, let alone run a company (that's right, now that I think of it, The Nation, is continually begging for handouts) let alone our economy.  Really, we just have not spent enough money we don't have?  That is the problem????   What defect of cognition can cause a mind to arrive at such a faulty conclusion.  

Our main Liberal protagonist, Baxter, continuously asks for us to offer cuts to arrive at a balanced budget, not  being a legislator myself, I referred him to one offered by Conservatives which addressed the issue.

And what do the Democrats offer?  Stimulus III.  Good grief.