"Unsustainable" Is Not the Word...

Scott Grannis has a great post on the federal budget deficit. Notwithstanding the worse-than-Enron accounting of our federal budget, the graph he includes should scare the daylights out of you. What is even scarier to me, is that I know that same graph is going to look much worse one year from today - tax revenues are going to show unbelievable evaporation in 2009, and expenditures will continue to go through the roof given the non-stimulative $787 billion porkulus boondoggle and Obama/Pelosi's budget profligacy (on top of the general profligacy of Congress as a whole).