Highest deficit/Highest GDP. What's the problem?
More brainless spin from the lemmings on the Left. They've discovered fiscal discipline just in time for the election!
Bush needs one Clintonian moment in this campaign. Hear me out before screaming at me! When Clinton said "Some of you thin I've raised your taxes too much, and you know what, I think so too" it was smart politics. Bush should, at some point, say "Some think domestic spending has increased too much during my presidency, and you know what, I think so too. In my second term we'll do a whole lot better."
The AP is just doing what it always does.
Ignoring the truth.
Reuters is the same way.
Schripps-Howard remains relatively reliable.
Well there you go. Completely out of control spending. We need a damn Constitutional Amendment to mandate a balanced budget and a 2/3 majority required for any tax increase with NO friggin' loopholes. Is this why we elected a Republican government?
Bush's deficits are only at the level of Carter's budgets. It's time to worry when Bush's (or Kerry's) deficits grow to the size of Reagan's budgets.
What was that? I cant hear you.
Or 3.7% of our GDP.
Not even close to the postwar record 6% of GDP posted in 1983.
"The shortfall will be the third consecutive - and ever-growing - deficit under Bush, following four consecutive annual surpluses under President Clinton. "
The money that was recorded as being surplus during the Clinton administration was virtual and phoney money, the investments were inflated - as was all of the stock market, when the bubble broke Bush was left to pick up the pieces, along with the war he has done fine job.
The best way to control spending is to elect a Democratic president and a Republican Congress - or vice-versa. Democrats spend too much, Republicans cut taxes too much. Flame me and tell me an all-Republican government provides the best fiscal discipline. I don't see the results.