Broke. But Who’s Counting?

James Taranto’s always delight­ful Best of the Web Today reports that CBS has come up with a new way to do account­ing:  with numbers.

You almost have to admire Obama’s chutz­pah in issu­ing this warn­ing the same day as this, from CBS News:

The lat­est cal­cu­la­tion of the National Debt as posted by the Trea­sury Depart­ment has–at least numer­i­cally–exceeded the statu­tory Debt Limit approved by Con­gress last Feb­ru­ary as part of the Recov­ery Act stim­u­lus bill.

The ceil­ing was set at $12.104 tril­lion dol­lars [sic]. The lat­est post­ing by Trea­sury shows the National Debt at nearly $12.135 trillion.

You’ve got to love that qual­i­fi­ca­tion “at least numer­i­cally.” As opposed to how? As CBS notes: “Pend­ing in Con­gress is a mea­sure to increase the Debt Limit by $290 bil­lion.… The White House projects a record $1.5 tril­lion dol­lars deficit this year alone, and a 5-​​year deficit total of $4.97 tril­lion.” Which we sup­pose means that Obama is tech­ni­cally right: The coun­try is headed for bank­ruptcy absent Oba­maCare. He just didn’t men­tion that it’s also headed for bank­ruptcy if Oba­maCare does not pass.

The whole thing is HERE and very funny.  If you needed another rea­son to check it out how’s this tidbit?

Med­ical Jour­nal: Santa Needs to Clean Up His Act”–headline, FoxNews​.com, Dec. 17

“Man in Santa Suit Stum­bles Out of Vehi­cle, Demands to Know Where­abouts of His Reindeer”–headline, Asso­ci­ated Press, Dec. 16

It’s a funny and infor­ma­tive col­umn and if you’re will­ing to dis­close your email they’re happy to send it to you most weekdays.

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Tags: reality