Admit It - You're Wrong

The latest numbers submitted by the Congressional Budget Office (CBO) and the Office of Management and Budget (OMB) indicate some depressing news:
1) We're not out of the recession,
2) The spending spree of the last 7 months is going to double the national debt, and
3) Expect unemployment to hit 10% by the end of the year.

This would be a good time for President Obama to call another press conference and admit he was wrong.

He won't, but it would be a good move on his part to cut his losses now and move to a more conservative fiscal strategy.

At this point, the House Committee on Oversight and Government Reform is issuing statements about the President's fiscal policy. And Senate Minority Leader Mitch McConnell is warning of record-breaking hyperinflation, the likes of which haven't been seen since Carter's policies took effect.

Obama, Pelosi, and Reid might be claiming their policies are an attempt to "clean up the mess" from the Bush Administration, but at this point they've only added more dirt to the pile--a lot more dirt.