Saturday, July 31, 2004
When you cannot run from your own economic projections, it's bad. This year's federal deficit will soar to a record $445 billion. And a quote on the obvious:
The shortfall will be the third consecutive - and ever-growing - deficit under Bush, following four consecutive annual surpluses under President Clinton. Democrats said the turnabout underscored the damage done by Bush's tax cuts and his poor stewardship of the economy, and criticized the White House praise for the report.
I guess I'm trying to figure out what there is to praise.
