President Barack Obama told a reporter this week that he is worried about deficit spending and wants to use tax relief to help the private sector create new jobs. Well, better late than never, we suppose. Earlier this year, Obama presided over government initiatives that increased the national debt by hundreds of billions of dollars. Deficit spending has never been used at the frantic pace the White House and Congress are utilizing it now. Also earlier this year, Obama and Congress — both liberals and many conservatives, it should be noted — operated under the belief that government should be the primary engine of job creation. Now the president seems to be changing his tune. Good. Obama said this week that he worries that the current mild recovery from recession could be wrecked by too much government spending. That would be what some economists call a "double-dip recession." We think the president is right to worry about that.