8.13.2005

Budgetary Delusion Goes Unchallenged

Yesterday, the mainstream media fell over itself reporing that the federal deficit had actually dropped faster and farther than anyone could have predicted.

Even if you didn't need a road map to know this was wrong, consider this. On Thursday, I believe it was, Mr. Bush signed a transportation bill that is notoriously pork-packed even in town for pork-packing is legendary.

A nearly 300 billion dollar transportation bill means that every man, woman, child and oh yes, even "snowflake baby" has to fork over about a thousand dollards EACH. That's before interest, pricing problems, product overruns, etc and the fact that any job that requires transportation costs as part of it - like this one will - is going to hemorrhage money.

So please, tell us again how the deficit is dropping at record levels.