HOW DEEP ARE THOSE PROPOSED SPENDING CUTS? NOT VERY. “The next time you hear howls of anguish over deep, tough, painful cuts in the federal budget, you might want to ask yourself how you’d feel if you had 7 percent more to spend next year than you did last year.”

And among the accompanying graphics, the one on spending as a percentage of GDP should undercut any claims that Obama is just continuing Bush’s big-spending ways. Bush spent big. Obama is spending disastrously big.

Related: This budget is no way to Win The Future. Depends on who you’re winning it for, I guess.