They’re all Keynesians now, so I guess I shouldn’t be surprised at any comment from Goldman Sachs-US Treasury’s Henry Paulson, including this: “Millions of Americans” are being denied credit or facing rising credit card rates, “making it more expensive for families to finance everyday purchases.” It took a German radio anchor to note that there is something odd about people borrowing to make everyday purchases (and about the school of economic thought that sees such transactions as normal and sustainable).