[From my radio commentary this week.] A few words on the State of the Union address. What a plodding, tedious affair—enlivened only by its unresolved contradictions. Obama spoke against austerity—“we can’t just cut our way to prosperity,” the qualifier “just” being a tipoff that a confidence trick was being perpetrated—but quickly made it clear he wanted to cut Medicare and Social Security, lest, as he put it, “our retirement programs…crowd out the investments we need for our children, and jeopardize the promise of a secure retirement for future generations.” In the euphemistic language… Read More