What if an American President campaigned as a pragmatic centrist, promised tax cuts to 95% of the American people and pledged himself to a new era of government honesty, openness and bipartisanship, but never had any of those intentions? The result might be a cabinet full of tax cheats, political cronies and lobbyists, and a president peddling an overstuffed budget of liberal dream-schemes at a time when the American economy can least afford an extra nickel for folderol or fiddling. Meanwhile Rome is burning. President Obama rolls the dice and grabs a can of kerosene. This president's budget, plus the...