I thought Obama was going to balance the budget and fix this problem. He now is making it worse. So what does this mean? I bet, that Obama and his buddies will decide instead of paring back the budget, the fix will be to raise taxes on all of us. You watch and see if my prediction doesn't come true. Those people in Washington don't know any other way of doing things than to spend other peoples money as fast as they think taxers will give them more money to play with. Watch and see.
The deficit in 2009 is going to be 4 to 5 times as much as it was 2008. When he talks about cutting it in half by the end of his first term, he means half of the 5 times which still means that it will be 2 and a half times what it was last year....I cant imagine how this is going to work out.