Are We Doomed?

From Leonhardt in the NYT’s:

There are two basic truths about the enormous deficits that the federal government will run in the coming years.

The first is that President Obama’s agenda, ambitious as it may be, is responsible for only a sliver of the deficits, despite what many of his Republican critics are saying. The second is that Mr. Obama does not have a realistic plan for eliminating the deficit, despite what his advisers have suggested.

How about we get rid of all those very costly government contractors what with the profit motive, etc. That could put a dent in the budget not to mention the contributions to the Republican Party.

JMHO!