Speaker John Boehner reported that during the fiscal cliff negotiations, Obama got irritatied with Boehner’s repeated insistence that they deal with the spending problem.  Obama said, “We don’t have a spending problem”.  That’s great news.

Robert B. Reich, Clintons Secretary of Labor, agrees with Obama.  He recently reported that, “Entitlement reform sounds like a noble endeavor, but it has little or nothing to do with reducing future budget deficits.”  More good news.

So spending isn’t a problem and entitlements aren’t a problem.   And even if high unemployment is a problem, Nancy Pelosi reports that she has found a solution for that.  The solution is paying people not to work.  Pelosi says unemployment benefits,  “create jobs faster than  almost any other initiative you can name.” She says spending on unemployment benefits, “creates jobs to help reduce the deficit ”.  So the spending has two benefits, more jobs and less debt.