NEWS FLASH!! THIS JUST IN FROM BIZARRO WORLD:

“Despite new estimates that say President Barack Obama’s budget would generate unsustainable large deficits averaging almost $1 trillion a year, the White House insisted Friday that the flood of red ink won’t swamp its costly agenda.”

I can’t even figure out which part of the above paragraph is scarier–the fact that the gunvernment is going to add almost $1 TRILLION a year to the deficit, or the fact that Obamanable isn’t even worried about that.

Well, at least one person in the United States will be happy about this latest news–Paul Krugman.