The conservadems and the Washington media will ignore this.
Americans want their government to create jobs through spending on public works, investments in alternative energy or skills training for the jobless.
They also want the deficit to come down. And most are ready to hand the bill to the wealthy.
A Bloomberg National Poll conducted Dec. 3-7 shows two- thirds of Americans favor taxing the rich to reduce the deficit.
The conventional wisdom is to cut spending or else we're all going to be overrun by Red China. The conventional wisdom -- at least during a recovery from a deep recession -- is very wrong.