A financial crisis is the worst time to change the foundations of American capitalism.
Mr. Obama's $3.6 trillion budget blueprint, by his own admission, redefines the role of government in our economy and society. The budget more than doubles the national debt held by the public, adding more to the debt than all previous presidents -- from George Washington to George W. Bush -- combined.
Dow Jones Update: -81.40 (-1.23%) You are 1.23% poorer than you were yesterday. Obamanomics at work…