The 'Economist' (an intelligently conservative publication) finds fault with Pres. Bush for his stubborn refusal to expand S-CHIP, you know W's losing it.

Here's a quote from their piece (sub req)

An aversion to government-run health-care programmes and new taxes—a tobacco-tax increase would fund the SCHIP expansion—may also be driving Mr Bush's opposition. Or he may simply be trying to re-establish his credentials as a fiscal conservative.

Whatever the truth, the White House has made an inauspicious start of its fight with Congress over federal spending.