Monday, October 20, 2003

Another Big First for the U.S.A.

The US posted a record $374.22 Billion budget gap in 2003.

Cut taxes -- sure. That's the President's part. Bug cutting spending -- hey, that's for the congress, says our scissors-handed president. And besides, shouldn't we have defict spending during a recession? Umm, I mean, if there were a recession going on?

Well, perhaps, Mr. President, but the idea is to increase spending into a deficit while holding revenue constsant -- not decreasing revenue while holding spending constant.

No comments: