From Monday Night's Presidential Address to the nation:
“The deficit was on track to top $1 trillion the year I took office,” said Obama. “To make matters worse, the recession meant that there was less money coming in, and it required us to spend even more"
That's always worked out for me. When I lost my job some years ago, I ran up my credit cards faster...that worked out well didn't it? Sarcasm button off now...