
Are we practicing Keynesian economics in modern dress, spend our way out of recession? Is it Bidenomics, spend our way rich even if we are not in recession? Or is it, as Sen. John Kennedy said, “the bullet train to Chumpville”? Perhaps this photo will help clarify the question. Not only is toilet paper getting narrower, but at the same time our behinds are getting wider. At some point the lines will cross. And then we will be in deep doodoo, both literally and figuratively.