Conservative Economics 101

This is what happens when you try to balance your budget during a devastating economic recession.  This is not punditry, this is truth.

Ernie analogy - When you've had a massive heart attack, and you're in the hospital and you need expensive surgery but can't afford it, go ahead and put it on your credit card.  Don't wait to save up for the needed surgery, because by the time you do, you'll be dead.  You'll have a better chance of making the surgery payments if you're alive.