MEGAN MCARDLE ON OBAMA ON TRADE: “Well, I certainly hope he’s lying, because I think he’s going to be the next president of the United States. But of course, as I’ve said before, I do not like it that politicians seem to feel the need to lie shamelessly to the electorate.” Generally, you have to hope that most of what most candidates say is a lie. Fortunately, it usually is . . . .

UPDATE: “Change you can disavow.“