Whoops, he did it again.

Note to Jim Flaherty:  Hey, JF, I went past a place called the Mathatarium the other day.   They teach math to grades 2-12.  Maybe you should check it out for some help.

The Con FinMin released his economic update yesterday.  In essence he said, "Oops that $34 billion deficit is really going to be over $50 billion."

Apparently the economy is worse than he expected in March and a whole worse that when he projected four surpluses in a row in his last November burp.

Flaherty is the same guy who was Ontario's FinMin in 2002 when he told voters that Ontario's budget was balanced.  We found out a few weeks later that Jim lied.  The budget was $5.8 billion in deficit.  Now he is doing the same at the federal level.

When will we ever learn?

And, by the way, the key thing to remember about Jimmy's update is the phrase, "over $50 billion".