Weren't We Worried About Saddling Our Children With Debt Back on November 4th?

The news story:

Lower tax revenue and massive government spending on the bank bailout pushed the federal deficit to $765 billion in the first five months of the budget year, well on its way to hitting the Obama administration’s projection of a record annual imbalance of $1.75 trillion.

Guess saddling the kiddies with debt is ok, as long as a Democrat is doing the saddling, huh?