The Economy is Hosed.

Just let Vodkapundit tell it:

• 30% — federal debt held by public as percentage of GDP, 2005.
• 60% — federal debt held by public as percentage of GDP, 2010.
• 180% — federal debt held by public as percentage of GDP, CBO estimate, 2035.
• 0% — odds of current path being sustainable.

That's just the last part, so Read the Whole Thing, and when you're done giving Stephen Green a high-five for the obscure-but-amazingly-apt Douglas Adams reference, please remember just which feckless blowhard it was who found our financial house burning down and proceeded to throw napalm on it.