There’s an undeniable synchronicity in the “disaster socialism” of 2020 and 2009, and it’s that in both years Democrats controlled the budget. On August 11, President Joseph Robinette Biden spoke about his Build Back Better proposal, and he took the opportunity to allege this: “This isn’t going to be anything like my predecessor, whose unpaid tax cuts and other spending added nearly $8 trillion in his four years to the national debt. Eight trillion dollars.” That Trump could have added $8T to the national debt made this kid’s ears prick up. Being fairly familiar with the history of federal deficits,...