When the economy is strong, as it now is, the budget should be balanced, not burdened by enlarging deficits. A recent Fortune magazine cover warned that "stocks are way too expensive." Unemployment is nearing record lows, and wages are beginning to rise. The banking industry has recovered. The Conference Board, the business research group, recently reported that consumers' assessment of economic conditions registered at the highest level since 2001. The GDP increased for the second quarter by a solid 3 percent.