Tuesday, July 29, 2008

The MBA President

US deficit zooming to half-trillion as Bush leaves
By ANDREW TAYLOR, Associated Press Writer
28 July 2008
WASHINGTON - The government's budget deficit will surge past a half-trillion dollars next year, according to gloomy new estimates, a record flood of red ink that promises to force the winner of the presidential race to dramatically alter his economic agenda.

Remember the 2000 Presidential Campaign? The big question was what to do with the budget surplus!
President Clinton announces another record budget surplus
From CNN White House Correspondent Kelly Wallace
September 27, 2000
WASHINGTON (CNN) -- President Clinton announced Wednesday that the federal budget surplus for fiscal year 2000 amounted to at least $230 billion, making it the largest in U.S. history and topping last year's record surplus of $122.7 billion.
Eight years of W, and six years of "fiscally-responsible" Republican Congressional leadership have left us with a $500Bn deficit. (... and I'm pretty sure this doesn't count the "off budget" wars!)


McCain promises to continue - and extend - W's failed economic policies. (hint, hint!)

Stop the madness!

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