Party of smaller government
White House: Deficit Will Hit Record $427B
Now, how can we spin it? Oh, yeah:
The highest deficit ever was last year’s $412 billion. The administration official said the White House’s 2005 projection of $427 billion showed progress because it was less than last year’s gap when compared with the size of the growing U.S. economy — a key measure of the deficit’s potency.
Of course, by Democrat math that’s actually a cut, I suppose.
January 26th, 2005 at 11:38 am
No, it would only be a cut by democratic math if it was lower then the rate of inflation or lower per capata. 🙂
Whether or not this is true I can’t say.
January 26th, 2005 at 2:27 pm
Of course, by Democrat math that’s actually a cut, I suppose.
Don’t be dissing the Democrats..they are the real party of smaller government.
January 26th, 2005 at 3:30 pm
Neither party is the party of smaller government when in power. When out of power, each party is the party of obstruction to the other party’s goals.
Ideally, the legislature and the executive would be under the control of different parties (c.f. Bill Clinton).
January 26th, 2005 at 5:21 pm
Using my quick fedmath calculations, as a percent of GDP this is pretty darn small.