Bush: Deficit will grow by $2.25 Trillion over 5 years.

[Renew Deal]

I asked earlier if cutting the deficit by half meant annually. It does. Check this.

<Snip>

How's that again? This year, under Bush's leadership, we're bleeding red ink to the tune of $521 billion! He says just stick with him and we'll only be going $237 billion in the hole for fiscal 2009, the year that Bush would hope to leave office.

Two things strike me as surpassingly odd about this.

First is the puniness of the goal and the pitiful amount of improvement it holds out.

Simply to halve the current $500 billion annual loss in five years, on a hypothetically straight glide path of $50 billion in deficit reduction annually, would mean we'd still be dumping some $2.25 trillion more onto the national debt during those five years.
<snip>
http://www.dfw.com/mld/dfw/news/opinion/7899519.htm

[Old and In the Way]

1. In 2000, Clinton projected a 1.4TT surplus.

A swing of $4TT or so in 3 years....pretty disgusting.

[Deja Q]

2. Pity

Repukes have to screw everything up. The budget was working and we were only $6.0 trillion in the hole at the time. We could have been down to $3T if Bush hadn't allowed 9/11 to take place (oh, he knew) or do his constant tax cuts for the wealthy amongst us. x( He's fucked us all royally.

Can America get out of this hole and stay out of it? Only if we keep repukes out of power permanently, it seems... Sigh.