More borrowing??

Although the current economic downturn has been largely caused by years of excessive consumer and corporate borrowing, our government, with Barack Obama already leading the way, appears ready to attempt to mitigate the crisis by borrowing yet more money. The Congressional Budget Office predicts budget deficits of upwards of a trillion dollars next year, and Obama seems to be angling for a massive "economic stimulus package" that will borrow yet more mountains of money to hand out amongst ourselves.

At the consumer level, I think we are starting to see people realize that borrowing is not a long-term solution to financial woes; instead we are turning to sound financial principles like budgeting and saving. Why is the Federal government going the other way? Do they think that they can keep borrowing forever, propping the economy up on foreign money? Sooner or later the piper will come to be paid, and there will be no one to bail us out.