Notes on the Atrocities
Like a 100-watt radio station, broadcasting to the dozens...

Wednesday, March 05, 2003  

Poor George, he doesn't know any better. He was elected for the first time in 1994, when the economy was just beginning to go through its Clinton-era boom. The only model he's ever experienced is one in which the bean counters tell you how much money you have to spend and--Abra Cadabra!--the economy delivers more. He shouldn't be expected to comprehend that the opposite can happen:

"The federal deficit is growing much more quickly than expected, even before Congress takes up President Bush's tax-cutting proposals and without factoring in the costs of a war in Iraq, Congressional analysts have concluded."

'The tax code is not performing, and it's making a mess out of the budget, said Representative Jim Nussle of Iowa, chairman of the House Budget Committee. 'Unless we get the economy growing again, we're going to keep getting these kinds of corrections.'"

| link |

(Oregonians could enlighten him about how this process works.)

posted by Jeff | 8:46 AM |
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