Fuzzy Math for a Budget

Fuzzy math continues but it has been taken to new heights. It is no longer billion we are now in stratosphere of trillions. The CBO released a new assessment of President Barack Obama’s budget. Let us just say this was an eye opener. The White House underestimates future budget deficits by more than $2 trillion over the upcoming decade. The estimate is from the nonpartisan Congressional Budget Office says that if Obama’s February budget submission is enacted into law it would produce deficits totaling $9.5 trillion over 10 years – an average of almost $1 trillion a year. If you remember President Obama threw a budget number that was only – really cannot believe we say only totals $7.2 trillion over the same period. This is due to the fact that President Obama counts on collecting high tax revenues; the CBO sees the real numbers and is not so optimistic. This could turn around on the fact that unemployment could drop back to five percent and the more people in the system the more taxes that can be collected. This all needs to happen before the 30 million people are given free healthcare and pull all the tax revenues away for that debacle. We are always glad when the fraud numbers are realized like the crazy lame stream media that contest President Clinton balanced the budget and built up reserves using the same kind of fuzzy math.

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