The deficit for this year is going to be 1.47 TRILLION DOLLARS.

(I didn't title this post because no term can grasp the atrocity of our government right now. But I might seem "unprofessional" if I don't follow general writing guidelines in an article about the government... yeah, somehow I don't think unprofessionalism is MY problem. So I won't title this. [Actually, I forgot the title. **wink**])

That's over one fourth of Bush's accumulated debt over EIGHT YEARS. Let's just hope we aren't stupid enough to give this idiot that long.

The government borrows 41% of the money it spends (41 cents/dollar). That's crazy. We owe almost half of everything we spend to... well, I'm guessing mostly China. You know what would be a good idea? All the other nations of the world should form a borrowing pool for the United States government. They could pool their money and we could just draw from that pool whenever. And pay them back sometime, possibly.

Or, or, here's an idea: How about the government learns how to run a country? Yeah, I like that plan better.

The Office of Management and Budget forecasts still-high unemployment rates by the time the next election comes around.

And the best part is, we're actually doing better than expected this year. However, next year, if we spend the projected $1.42 trillion, it'll be about $150 billion more than expected.

Of course, nowadays that's a pretty inconsequential number.

OMB Director Peter Orszag stated that the numbers represent a "fiscal situation that requires attention."

Is he just now figuring that out?

Well, kudos.

That's "better than expected."

You know, Obama kind of ran on "hope" and "change." Well, the economy's forecast looks not-so-hopeful. And I guess we were all misguided in the notion that Obama's "change" was a positive thing. I guess he forgot to specify. Must have slipped his mind.

Meanwhile, he's blowing ours.