Obama Steers Clear of Benefits Learning Curve: Amity Shlaes

President Barack Obama is making some costly mistakes. One example is calling his administration’s Keynesian spending spree an economic recovery. An even bigger error is his refusal to climb the Social Security learning curve.

The president advertised that refusal while commemorating the 75th anniversary of the public pension program. “We have an obligation to keep that promise, to safeguard Social Security for our seniors, people with disabilities and all Americans --- today, tomorrow and forever,” Obama said in his weekly address on the radio and Internet.