In the past, fiscal conservatives warned that future generations would pay the debt Democrats were accumulating. If the Democrats have their way, that future will arrive much sooner than we think.

The economic stimulus approach to solving U.S. financial problems does get at the causes of those problems because, far too often, those causes are its own creation.

Now that America has decided to spend its discretionary trillions on fostering dependence and division, its usefulness to the world deteriorates accordingly.