Borrowing from Peter Jr. to pay Paul Sr.

Do you remember when we were told that our irresponsible spending and borrowing was the cause of our current recession.

But for some reason when the government does it, that makes it OK?

The government will have to borrow nearly 50 cents for every dollar it spends this year, exploding the record federal deficit past $1.8 trillion under new White House estimates. Budget office figures released Monday would add $89 billion to the 2009 red ink - increasing it to more than four times last year's all-time high as the government hands out billions more than expected for people who have lost jobs and takes in less tax revenue from people and companies making less money.

Where is the Madoff guy again?

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