Did We Say 7 Trillion? We meant 9...

The White House's forecast of the deficit has increased from 7 trillion dollars to 9 trillion. A mere 28% over what they forecasted. I guess we should all be thankful. Government always has done a terrible job of estimating what it is spending and why not, it's your money not theirs.

Medicare Part A spending was 700% over what was forecasted back in 1965. But maybe that is unfair to take such a long view of things. Stuff happens in 40 years no one can predict. How about a more recent example? The Medicaid special hospitals subsidy was $11 billion, more than 100 times the government's projection of $100 million in 1987. Is it that government is getting more irresponsible with their forecasting or just better at hiding the true cost?

Something as massive as healthcare reform as currently proposed is projected as creating a 1 trillion dollar deficit in 10 years. Many people believe that the true number cannot even begin to be calculated as to what this will really cost tax payers.

The fact that 2 trillion dollars can just pop into the deficit by "surprise" shows how fast the trillions can add up. If it is 7 times what they forecast, America is in serious trouble. If it is 100 times what they forecast, America ceases to be a nation.

You would never buy a home or a car or anything without knowing the true cost but government does this all the time. It is about time we told the politicians in Washington that this kind of spending in any climate is unsustainable at best and in our current economic climate, it is downright suicidal.