The Trillion Dollar (/year) Man - Obama

[kallsop]

$1 trillion deficits seen for next 10 years (http://www.breitbart.com/article.php?id=D971T0RG0&show_article=1)

Holy cripes, the non partisan CBO just punched a hole in the lie that we're heading towards a balanced budget. More or less, the deficit will increase by $1T / year for the next 10 years.

Those that were complaining about President Bush and his small deficits are going to be outraged when they get the terrible news. Caveat - those with integrity will be outraged.

Hope and Change - + $1T/year in the hole.

[Sword_Of_Truth]

Wait till till all the promises made to the rapidly aging baby boomers come due.

[maxpower1227]

From the article:

Long-term deficit predictions have proven notoriously fickle—George W. Bush inherited flawed projections of a 10-year, $5.6 trillion surplus and instead produced record deficits—and if the economy outperforms CBO's expectations, the deficits could prove significantly smaller

[KoihimeNakamura]

Also, someone might want to explain what we should do instead..

[Sword_Of_Truth]

How about not spending a trillion dollars a year more than you take in?

Is no one thinking about the future? How do they expect this to end?

[KoihimeNakamura]

Okay. Let me put this way.
How do you expect this recession to end without spending money?

[Sword_Of_Truth]

Okay. Let me put this way.
How do you expect this recession to end without spending money?

I don't believe spending money will end it.

[theprestige]

Okay. Let me put this way.
How do you expect this recession to end without spending money?
I think it's more a question of how much money to spend, and on what to spend it.

But honestly, I don't know. I'm not claiming I do know.

Shouldn't you, as the claimant, be supporting your claim that spending money will end the recession?

"I say spending money solves the problem, prove me wrong!" is hardly a sceptical or rational approach.