It is an epic day when Teh Stoopid of a post is so encapsulated in a subtitle that you feel no further need to read further. Take it away, John Dickerson:
Obama’s spending plan is so timid, he must be working on a smarter plan we don’t know about.
I repeat: KFTC, John. Meanwhile, here’s Megan McArdle, who was originally going to have the Quote of the Day until I read Dickerson’s stupidity:
I was a laconic hawk when the deficits shot up in 2008, 2009, 2010. A few years of deficits in an unprecedented crisis weren’t going to kill us; we had time to get them under control.
But I’m starting to think that it’s time to panic.
*The explanation for that acronym is not safe for work, but may be found here (also NSFW).