Monday, December 12, 2005

Good Deficit News Couched In Bad Deficit News

All hail the Associated Pests! In the middle of a doom and gloom story entitled "Federal Budget Deficit Hits Record High", we find this tid-bit:

"The 2005 deficit narrowed to $318.5 billion after hitting an all-time high in dollar terms of $413 billion in 2004."


Of course in this instance, Bush and the GOP are damned if they do:

"Analysts said the increase in part reflected higher payouts of flood insurance claims by the Department of Homeland Security related to Hurricane Katrina."


Next time around the headline will be "Republicans Choose Tax Cuts For Rich (can't say deficit reduction or economic growth package) Over Hurricane Relief".

No comments: