Former presidential hopeful Fred Thompson today joined the chorus of Republicans rooting for President Obama’s recession spending to flop. “I want his policies that I believe take us in the wrong direction to fail,” he told CNN, warning that higher inflation and interest rates loom. “I’ll do everything I can to make him succeed with regard to” reforming entitlement programs, Thompson added, “because that’s the whole ball game in terms of our fiscal future in this country.” (More Republican stories.)