Why does Camelot lie in ruins? Intellectual error of monumental proportion has been made, and not exclusively by the politicians. Error also lies squarely with the economists. The "academic scribbler" who must bear substantial responsibility is Lord Keynes... James M. Buchanan, in The Consequences of Keynes The President's State of the Union Address helped him to a huge bounce in his approval ratings. On the day Obama made his SOTU speech Rasmussen reported his approval index at a -15. But as they say, the polls giveth and the polls taketh away. On Monday, the day the budget was officially released...