Monday, March 23, 2009

Voodoo Economix


200 Billion Dollar deficits as far as the eye can see... (R. Limbaugh, 1993)

The Large Surplus will harm the economy... (G. W. Bush, 2001)

Deficits Don't Matter...(D. Cheney, 2003)

The Deficit is unconscionable... (J. Gregg, 2009)

From these and other similar quotes, of which we certainly have No Shortfall we can derive certain basic Rules of Economics
A. Deficits Don't Matter (if the President is a Republican) -
B. Deficits Do Matter (if the President is a Democrat) -
C. A Budget Surplus is bad (if the President is a Democrat) -
D. A Budget Surplus is out of the question (if the President is a Republican) -

Remember those polls from last January that said "People are willing to give the new President a long time to fix the economy."
Long Time appears to be just slightly less than two months.

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