NPR Tells Us How Much Deficit Reduction We Need

NPR told listeners that the $1.2 trillion in deficit reduction being sought by the congressional super committee, that in fact we need $4 trillion. It's great that they got the word from God on this one.

Those of us who look at numbers might think otherwise. The financial markets are saying loudly that there is no problem with current deficits, otherwise they would not be lending money to the United States for 10 years at interest rates of just 2.0 percent. The numbers also offer many...