Worse than I first thought

When I heard about the Bushy deficit I was stunned, but I figured old people knew what they where doing since they've been hearing budgets for years. As usual this is quite wrong. Old people have poor attention spans just like their children. Pete Peterson on Now blames it on the lack of political will due to the view of the public that they should be able to have everything and more. He thinks that there is no way to pry things away from the American people as if they are children asked to share a favorite toy. I agree but I think the main thing is that the rich probably figure they can pick up and leave the country.

So how bad is the economy? Well take a stunning look at this: Debating the Deficit. Not scary enough? Take a look at the first few figures of this.
Should we start taking bets on the year the US will fall?