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Budget Politics

The deficit is getting smaller and smaller. Democrats, of course, don't have a falling stock market to complain about anymore. They don't have corporate scandal to complain about. They don't have gas prices to complain about. And the budget deficit is getting smaller and smaller and government revenues increase dramatically, thanks to the Bush tax cuts. Indeed, but for Katrina and the war in Iraq, we'd be running a large surplus.

No wonder Democrats are such miserable people.

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Comments (9)

This must be why in the Bre... (Below threshold)
nehemiah:

This must be why in the Breaking News thread from yesterday, the left is calling for impeachment.

For example, I'm a Ernie Els fan.

I call for the impeachment of Tiger Woods.

The President set the goal ... (Below threshold)

The President set the goal to "cut the deficit in half" by the time he leaves office, so he's achieved that more than two years ahead of schedule. The postwar average deficit has been 2.7% of GDP; the current deficit clocks in at just over 2%, I think.

The stock market has hit another all-time high today at 11,934, and threatens the significant threshold of 12,000 (for some reason, those round numbers are almost magical to investors).

In any rational world, the Democratic Party would be bracing for another historic defeat. Unfortunately, as Mencken observed, "No one ever went broke underestimating the intelligence of the American public."

What if the deficit goes ba... (Below threshold)

What if the deficit goes back up? Does it still count?

What will shatter all this ... (Below threshold)

What will shatter all this good new is that the MSM will never tell its readers or listeners about this good news. The political junkies like ourselves will listen to Talk Radio, the Net, Fox and other blogs. We will get many facts that the general public never gets as we all know. It is up to the GOP candidates to campaign on these facts for the next 4 weeks. I will pinch myself when I write this, but the GOP should be as brave as Chris Shays, a RINO, when they are attacked. Fight back and use the facts that are out there instead of the Hitlarian lies the lefty Dems use against W and the GOP. The DOW should convince small business people that only the GOP can protect them against Dem regulation and more taxes.

Falze,If Ernie Els... (Below threshold)
nehemiah:

Falze,

If Ernie Els wins a tournament which includes Woods, does that make Tiger a bad player?

The deficit will go through fluctuations because of so many variables. However, a reasonable person will readily admit that given the low unemployment, lower taxes while having increased government revenue, a record-breaking stockmarket as we speak, indicate with great certainty that we are doing very well economically.

It's like if Hillary showed up at my doorstep wearing the latest Victoria's secret -- I would generally be able to conclude that Bill was not performing in a satisfactory way.

Nehemiah,Now why d... (Below threshold)
P. Bunyan:

Nehemiah,

Now why did you have to go and put that image into my head. I'll probably have nightmares...

<a href="http://gatewaypund... (Below threshold)
eddiebear:
"Dirty Dems lying"... (Below threshold)
nehemiah:

"Dirty Dems lying"

Two of those words are superfluous.

I've been ignoring every th... (Below threshold)
Scrapiron:

I've been ignoring every thing i've read or heard today. I know i've been asleep and having a nightmare. Could that have been caused by the image of Hellary in a sheer nightee or was it what I read earlier. The insane Nobel Peace Prize jerks have nominated Cindy Sheehag for a peace prize. You can puke in the nearest trash can now.




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