Fiscal Situation Deteriorates; Obama Admin. Blames Bush

OK, so the U.S. is going to have worse unemployment, worse deficits and worse economic growth than estimated just a few months ago. Why? According to Obama economic advisor Christina Romer:

"This recession was simply worse than the information that we and other forecasters had back in last fall and early this winter."

I prefer this simple explanation: "Obama's policies have screwed things up far worse than even we thought."