In response to:

CBO: Debt Spiral Deepening, Health Costs Soaring

Petrus64 Wrote: Feb 06, 2013 6:18 PM
no worries Patty... the Bernanke said he would just keep printing money until unemployment will get under 6%...which will be never in this paradigm. Obama's fundamental transformation will give us a structural unemployment of about 7%. The new normal. We've become Europe.

Behold, the projected consequences of four more years.  Philip Klein surveys the wreckage described in the latest comprehensive budget report from the nonpartisan Congressional Budget Office (most of these estimates assume an unrealistic "baseline" in which the "doc fix" doesn't happen and various unpopular cuts to Medicare actually go into effect):