At the 2009 Value Voters Summit this past week, Mitt Romney directly addressed President Barack Obama’s incomprehensible and fatally flawed decision, unprecedented in the American political tradition, to tax future generations. In an administration quickly marked for its wistful look to the past, Obama’s decision brought to mind 15th-century Russia. Is that why they call them czars? "Putting such a spirit-crushing, back-breaking debt burden on our children is unworthy of our national character," Romney said. "That is why I believe that this spending and borrowing is not just economically irresponsible, it is morally wrong." It poisoned this most auspicious and...