Blogging Tory Jabba the Roy is all a-quiver with excitement:
Strong economic growth has already shrank the deficit federally. Very good news. The deficit for 2009-2010 is 20% smaller than forecast. It is still a massive $40 billion dollars, but it is a good sign that it is already shrinking.
Celebrating because the deficit is 20% smaller than was forecast is somewhat akin to praising the Catholic Church because they're fucking 20% fewer altar boys than they used to.