I don't think they get it.
A record deficit is still bad even if it is not as bad as you thought it would be.
The U.S. budget deficit will hit a record $445 billion this year, according to a
White House report on Friday...
The figure is well above the 2003 shortfall of
$374 billion, the prior record in dollar terms. But the mid-session review
forecast is $76 billion less than the $521 billion the White House projected in
The White House said the more modest deficit forecast was a sign
Bush's tax-cutting policies were spurring economic growth.
"Because the president's economic policies are working, we are ahead of pace tois just farcical. When will the Republicans stop drinking the damn kool-aid and realize this man is an idiot? The president's "economic policies" (Paul O'Neill said it best"cutting taxes is not a policy") are what created the record deficit.
meet the goal of cutting the deficit in half within five years," said White
House budget director Joshua Bolten.