Is there some kind of Moonbat Competition going on?
This was just linked at Hot Air:

Robert Reich: Why the deficit hysteria? I only wish we’d borrow more

‘At every stage in the growth of the debt it has been seriously asserted by wise men that bankruptcy and ruin were at hand. Yet still the debt went on growing, and still bankruptcy and ruin were as remote as ever.” So wrote Lord Thomas Macaulay, the great 19th-century British historian. He was alluding to the English public debt, but he might as well have been referring to the United States in the 21st century.

Last week the White House announced that deficits over the next 10 years are likely to be worse than it had thought – and, as expected, the same old group of deficit hysterics went ballistic. “A 10-year deficit of $9tn is $30,000 for each man, woman and child in the United States!” Kabaam. “Public debt will total a whopping $17.5tn by 2019 – three-quarters of the nation’s entire economy!” Kaboom. “The number would send Reagan’s stack of $1,000 bills into satellite orbit!” Zowee.