Skunk at the Picnic

You've probably heard the phrase "skunk at the picnic" before. Well, here's today's picnic: new figures showing a lower federal deficit for this year.

Now, allow me to wrinkle some noses. Make no mistake, a lower deficit is a good thing. But it's not enough of a good thing. Until we get a grip on entitlements and the national debt, we're not making progress on our nation's finances. That would be true even if we'd managed to balance the budget this year, because enormous liabilities are sitting out there, waiting for us and our children. And people really need to understand that while there's still time.