So the budget will actually be $200 billion further in deficit this year than we were told just a month ago (once again, CHANGE we can believe in!). When you start talking in trillions, we see that the deficit will be $1.8 trillion instead of $1.6. That doesn’t look too bad now does it? It’s just a change of 0.2. Well, remember that the “irresponsible” Bush deficits were $400 billion last year … so this little mistake or change represents fifty-percent of the magnitude of the entire budget deficit coming into the year.
Don’t mistake this for my approval of the prior clown in the Oval Office.