Spin.
What I do for a living is build and manage a huge budget for a state agency in one of the largest states in the United States. In working with numbers every single day, and in answering politically charged questions every week, I can tell you that you can make your numbers mean almost anything you want them to mean.
You know that saying, "The Devil is in the details," well, the devil is in the assumptions. Assumptions are your basis for including and excluding and making projections. If you eff with the assumptions enough you can say anything you want with the numbers. This is what I see here.