Every once in a while, you read something so good you wish you'd written it:
"Alan Auerbach, an economist at the University of California, Berkeley, and an author of a widely cited study on the dangers of the current deficits, describes the situation like so: 'Bush behaved incredibly irresponsibly for eight years. On the one hand, it might seem unfair for people to blame Obama for not fixing it. On the other hand, he’s not fixing it.'"
And he does not conclude with a happy ending:
"'Things will get worse gradually,' Mr. Auerbach predicts, 'unless they get worse quickly.'"