The Obama administration got a new, bigger calculator.
And their deficit numbers have gotten larger.
They now say the 2009 deficit will be $1.84 TRILLION – up more than 89 billion they forcasted in February 09.
They also say the 2010 deficit will be $1.26 TRILLION – up more than 87 billion forcasted in February 09.
The 2008 deficit was $459 billion. Ah the good old days.
Remember the budget numbers are drawn up from FireBoy Peter Orszag – the Budget Director that tried to start a fire in his new office fireplace back in January until realizing the fireplace is sealed closed – causing an evacuation of the building. He’s just that smart.
And of course, Peter has blamed Obama’s deficits on former President Bush.
REPEATABLE: This is the beginning of redistribution of wealth. Watch as taxes slowly start to rise in an effort to pay down this deficit. When the Obama administration tries to blame their spending on Bush – 5 months into their administration – you know they are setting you up for something….