...on being cut in half

President Obama has often pledged to cut the budget deficit in half by the end of his first term. The fact that he's quadrupled the deficit during his first year should make this feat somewhat easier. Unfortunately, the net effect of halving a quadrupled deficit is doubling the original deficit. Here's the equation: (Dx4)/2=Dx2
As this chart from the Heritage Foundation illustrates, we have so much to look forward to.

Today's good news is that the GDP grew by 3.4% in the third quarter. So we're out of the recession! Hurray! But those curious enough to analyze the numbers will find that GDP has three financial components: CIG

"C" is for consumer consumption (spending), of which there hasn't been an appreciable increase. "I" is for business investment which, again, has not improved much since the depths of the recession. So the up-tick in GDP rests on the shoulders of "G", which stands for government spending, of which there has been P-L-E-N-T-Y.

So bottom line: Our economic recovery is riding on government spending, which in turn is based on borrowed and printed money that has quadrupled the deficit and made the Dollar nearly worthless. Bush is looking not so bader every day.