the Sugar Conspiracy 

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Wednesday, January 05, 2005 La-la land To show that President Bush can fulfill his campaign promise to cut the deficit in half by 2009, White House officials are preparing a budget that will assume a significant jump in revenues and omit the cost of major initiatives like overhauling Social Security. To make Mr. Bush's goal easier to reach, administration officials have decided to measure their progress against a $521 billion deficit they predicted last February rather than last year's actual shortfall of $413 billion. By starting with the outdated projection, Mr. Bush can say he has already reduced the shortfall by about $100 billion and claim victory if the deficit falls to just $260 billion. As the Howler says: Incredible, isn’t it? Rather than cut the actual deficit in half, Bush will tackle an imaginary deficit—a projected deficit, one that never existed, one he pulled straight outta his keister. We truly do live in fictitious times—when a sitting president can even dream of making such an absurd presentation. But don’t worry! The press corps has glugged down gallons of budget cant from the Bush Admin over the years. Result? You live at a time when a White House has made a clear decision—that there is nothing so phony and fake that the press will refuse to accept it. Unbelievable. posted by chris at 4:50 PM   ------------------

    

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