If you aren’t in a chair already, you may want to sit down before reading this; present American budget deficit numbers, projected at a whopping $1.8 trillion for 2009 and $1.2 trillion for 2010, both represent levels not seen since World War II.
But here’s the good news:some sources advise that this may be a good excuse to drink to your health (since we know drinking to prosperity is out of the question, for now). According to the Web site American Progress, “If a Martini is your drink, skip the Vermouth. If Whiskey’s your poison, take it straight. If you’re a teetotaler, make an exception. And if you really, really shouldn’t drink, close your eyes and take a deep breath. But, under no circumstances should you look at President Obama’s budget blueprint for the next ten years without fortification.” Whoops, if you’re seeing these numbers here for the first time, it may be too late. Sincerest apologies (at least I asked if you were sitting)!
These astounding deficit numbers represent 12.3 percent and 8.0 percent of Gross Domestic Product, respectively. Indeed, we can’t fault President Obama for being underhanded with numbers and explanations… but Michael Ettlinger says in the article excerpted above, “Obama has gone for the full surgery but pays the price: $575 billion over ten years.” Can we, as Americans, handle it? I think so… but expect to continue seeing alcohol sales rise steadily regardless.