So far, the analysis of President Obama’s deficit speech has focused largely on its vagaries, obfuscations, and outright lies. Charles Krauthammer rightly blasted Obama’s speech as “shallow … hyper-partisan … intellectually dishonest.” He cited Obama’s “numbers suspended in mid-air with nothing under them with all kinds of goals and guidelines and triggers that mean nothing.” Krauthammer wasn’t alone – many commentators ranging from David Limbaugh to Larry Kudlow have targeted [...]
