May 14, 2009

Well, if reality isn't going your way...

... then I suppose you can just make shit up.

You have to see this to believe it, and even then you'll have a hard time believing it. It's the Obama administration's deficit reduction program, otherwise known as "change the accounting." ...

Shazam! The government just made about $175 billion in deficits disappear (March's reported $956.8 billion compared to April's $781.4 billion through March).

Damn, The Unicorn Prince really is a miracle worker!

Well, not really.

Of course, it's easier for the messiah to pull-off "miracles" like this when you have completely the outrageously incurious Associated Press covering for you.
Tuesday, the AP's Martin Crutsinger gave it the "no big deal" treatment, virtually ensuring that broadcast and news outlets who rely on AP reports would pay it little heed.

Nothing to see here folks.  Just move along.  Hey look!  Semi-nude pics of Miss Nazi-California!!
Even calling this Treasury maneuver an "accounting change" overdignifies what is being done. It's a gimmick that threatens to turn this and other routine reports into indecipherable gibberish.

Maybe that's the point.

Of course it is, silly.

Posted by: DocJ at 05:29 PM | No Comments | Add Comment
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