The fans ate that up. They didn't seem to notice that because of Libya, America now is fighting three wars that aren't paid for -- and the president isn't asking them to sacrifice.
Also, Obama voted against means-testing the Bush drug plan. And in December, he signed a bill extending all of the Bush tax cuts, without paying for the 10-year tab of $700 million for cuts for the rich and $2.4 trillion for everyone else.
Let me posit. When the recovery is secure and unemployment has declined, Washington will have to raise taxes in order to tackle the deficit. But there aren't enough rich people to address the magnitude of the unfunded liabilities that will fall most heavily on the generation that made Facebook.
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