@Frank Apisa,
Balance sheets are not a political concept, nor are they very open to reinterpretation, they are a numerically factual device.
One of the main problems with the left is the belief that facts can be ignored through force of will, often using government power to ram home that will. The reality is that the universe does not give a damn what you want to be true, and it will always punish you fir not recognizing facts.
Btw the right has much the same problem with understanding facts, which largly account for why I despise both sides. This is an all american failure. I blame the education system, with particular distaln for the "elite" universities.