Obama Budget: Budget as Trabbant:Automobile

President Obama released his "budget" proposal yesterday.  But its resemblance to a budget is only distant.  The dictionary defines a budget thusly -
budget |ˈbəjit| noun   •an estimate of income and expenditure for a set period of time : keep within the household budget. | [as adj. ]a budget deficit.• an annual or other regular estimate of national revenue and expenditure put forward by the government, often including details of changes in taxation.• the amount of money needed or available for a purpose : they have a limited budget.Well indeed the President's proposal does present some very rough estimates of income and expenditure for the coming fiscal year and according to the second standard it does propose some increases in taxation.   But where it fails most completely is in its assumptions about how much debt the country can accept.   During the Bush administration the President was (rightly in my opinion) criticized for producing $400 billion deficits.  After all, it was just a few years before those deficits that federal spending first surpassed $1 Trillion.   But Obama takes us to new heights.  He proposes in his "restrained" budget to raise our debt from the current $15 trillion (about equal to annual economic output) to $25 trillion by 2020.   Doesn't anyone in Washington understand the definition of a "limited budget"  limited |ˈlimitid| adjectiverestricted in size, amount, or extent; few, small, or short