Deficit, Schmeficit?

Both the Washington Post and the NY Times have editorials this week blasting the ever-increasing deficit.

Of course, I like Krugman’s best but they both have the same message. The Bush economic plan of cutting taxes while raising spending will eventually send the economy to hell in a handbasket. There is no credible forecast that could possibly say otherwise.

I don’t know how Jank keeps insisting that cutting taxes is what will turn our economy around. How can it be possible that reducing income while increasing spending, thus incurring more debt, is the way to get us back on the upswing? Someone has gotta pay for all of this eventually.

Which is why I’m voting for the “Child’s Pay” ad in the MoveOn.org contest…

Posted by cynsmith at January 7, 2004 6:51 PM