The Ship is Sinking: Quick, Add Water

"President Obama has reminded us countless times that he inherited a $1.3 trillion deficit. Even if he were about to propose the most responsible, prudent, visionary budget imaginable, that complaint would still be petulant and unseemly. But considering what Obama’s own spending will do to the deficit, it’s jaw-droppingly galling. He now proposes to increase that deficit to $7 trillion in ten years. And that $7 trillion is probably a low estimate (the Congressional Budget Office estimates that it will be $2.3 trillion higher). When the new spending for programs like Pell grants, education for handicapped children, and so forth comes up for renewal in a few years, Congress is not going to let it lapse. So, to review, it was terrible for President Bush and the Democratic Congress (the president neglects to mention the latter) to saddle him with all this debt. His answer is to triple it. That’s showing ‘em!"