“This is what the President and his crackerjack economic team have wrought. A one-year deficit that is so large that it can only be paid back if everything goes exactly right. And if everything goes exactly right, we’re still looking at decades before we can get back to the debt level we had only 6 months ago.

But, on the bright side, perhaps as early as 2023 we can start working on paying off the FY10 deficit.”

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