The last two days have revealed Mr. Obama at his least appealing—and least Presidential—first warning the Supreme Court not to dare overturn his health-care law, and now demonizing the motives of his political opposition. It is a long, long way from his "there's no red America, there's no blue America" stuff of 2004, much less the inspiration of 2008.

◼ Paul Ryan's Hunger Games

If there's a Laffer Curve for Presidential invective—some point at which dishonest political abuse yields diminishing returns—the White House political team must not think their boss has hit it. Even in this hyperpartisan age, President Obama's speech to the Associated Press yesterday was a parody of the form. This was a diatribe that managed to invoke "Social Darwinism" and "a Trojan Horse" in the same paragraph, amid the other high crimes that Mr. Obama says Paul Ryan wants to commit....

The list of untrue things that Mr. Obama wants Americans to believe is evidently so long that Mr. Obama associated himself with Republicans, albeit mostly dead Republicans like Lincoln and Eisenhower. For the first time we can recall, Mr. Obama even praised George W. Bush, of all people, because his predecessor created a new entitlement for prescription drugs. He also said Newt Gingrich showed how smart he was when he called Mr. Ryan's budget "radical" and "right-wing social engineering" last year.

All of this is a political fable carefully constructed to erase the record of the last three years and blame every current anxiety on a GOP House that has been in office for all of 14 months. The President claims to have "eliminated dozens of programs that weren't working," but the savings from these eliminations amount to less than 0.1% of the budget, or less than $100 million.

Meanwhile, the budget has grown by more than 20% since he has been President. After deficits of $1.412 trillion, $1.293 trillion, and $1.299 trillion over the last three years, and an estimated $1.326 trillion due for 2012, he still claims the deficits are all Mr. Bush's fault—except for the extra spending on Medicare, which he likes.

It is especially rich of Mr. Obama to accuse Republicans of breaking last summer's debt-limit deal—given that even the most sympathetic press accounts that are now emerging make it clear that the President blew up his "big deal" with John Boehner. The House Speaker was prepared to trade higher taxes for mostly notional changes to entitlements, but Mr. Obama thought he could roll him at the last minute for even greater tax increases.

Now he claims Mr. Ryan's reforms are "antithetical to our entire history as a land of opportunity and upward mobility." But it is more accurate to say that Mr. Obama is the one who is out of step with a bipartisan consensus that entitlement reform is essential to prevent a debt crisis.