Sarah Palin's primetime meltdown

Bush administration's fuzzy math

Last week the Bush administration reported that the U.S. budget deficit had fallen to $162.8 billion, the lowest amount in five years.

Don't believe it.

Fortune's Allan Sloan had predicted the Bush celebration in early September arguing the deficit is much, much bigger than you think.

See Jack Cafferty's refutation of the Bush administration's "fuzzy math."