In a banana republic like refusal to accept economic reality, White House spokesman, Robert Gibbs, said that:
The new projections won't stop Obama from achieving his goals or keeping his promise to cut the country's red ink in half within four years. [Because] the administration is a bit more optimistic about the nation's economic growth over the long term than congressional analysts.
Yeah that doesn't sound like anything like what the press secretary of a banana republic would say does it? Gibbs is about as grounded in reality as Baghdad Bob.