First he raised expectations, now President Obama must lower them

Canada.com: The Vancouver Sun:

"Since campaigning began in earnest nearly two years ago, the economy has gone from boom to bust. Obama will have to tell his constituents that the United States is broke and cannot afford to finance his grand plans for universal health care, rebates for moderate income families, jobs, jobs, jobs, and increases in government funding for everything from education, to infrastructure to alternative energy.

He will have to level with them and honestly explain the economic facts of life. One of those facts is that the U.S. government has to borrow to service its debt. In the real world, this state of affairs is called insolvency."