After years of hypocrisy and bungled forecasts of doom, the budget deficit no longer provokes panic. The elites need a new bogeyman, otherwise Congress might actually spend us into happiness. Now, the new monster in the closet is Inflation. The great prognosticators Sen. Joe Manchin (D‑W.V.) and CNN’s Wolf Blitzer have weighed in, and we are officially advised to be afwaid, vewy afwaid.
