Biden has no excuse for his massive spending because the crisis is over

If Joe Biden wanted to spend massively in response to a nearly unprecedented public-health emergency, he was elected too late.

The conventional wisdom justifying the president’s new FDR-sized ambitions is that the country is in crisis and he has to meet the proverbial moment, which can only be done with 13-digit spending bills. The truth is, though, that there is no crisis and there is no moment. There’s only an excuse, an occasion and a procedure.