It's difficult, often, to choose which concern to address. Then E. Thomas McClanahan's column "White House living in parallel universe" (Jan. 16) comes along and voila!
McClanahan, a conservative, uses incomplete and biased arguments, as in "Most people understand that the major reason for deficits is the spending that came soon after (the recession arrived)." Not exactly.
The debt rose $5 trillion under George W. Bush during the bubble years. This was mostly due to huge tax cuts, two unfunded wars and costly drug benefits. When the bubble burst, bailouts and stimulus were used to rescue the teetering economy from an authentic fiscal cliff. An emergency response, plus ongoing help for the impoverished, is portrayed as some sort of presidential whim.

Order reprints

