Friday, August 18, 2006

The Deficit

Today the news is the deficit will be cut in half quicker than 2009 as previously forecast. Interesting. Let me get this straight...

  • Bush inherited a surplus (which means we were paying down the national debt)
  • Immediately turned it into a deficit (with a Republican Congress) (which means we're increasing the national debt) (which is bad) (and don't blame 9/11 either folks, that dog won't hunt!) (because the debt was already increasing before then, dummy)
  • Maintained an annual deficit larger than any President in history (all the while with a Republican Congress)
  • By the way, when something is really really big and you cut it in half, it's still really big!
  • And he's now projecting we'll beat expectations set for the YEAR AFTER he's out of office.

I love it. Bush is predicting the Democrats will win the Congress and the Presidency!

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