Spin.
There is no good news on the budget or the deficit. "Far worse than they originally projected..." is how the WSJ's Deborah Solomon stated the facts. Above find Obama administration numbers priest and University of Chicago wunderkind Professor Austan Goolsbee, 40, spin like a Republican on the cliff-diving of revenue and moonshot of expenses for the first half of 2009. Goolsbee relaxes before he gets to the craters of the deficit for the next ten years. The Obama team has no room to shop. The money is gone with the wind. The trillion dollar stimulus package last March was their only chance at extravagance. From now on, they live on sentiment and shrugging, "Y'know?"


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