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Thursday, December 11, 2003

More Presidential Deficit Deceit 

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THE DAILY MIS-LEAD
http://daily.misleader.org/ctt.asp?u=1316866&l=11828
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MORE PRESIDENTIAL DEFICIT DECEIT

President Bush yesterday deployed his budget director to write an op-ed
claiming "We can cut the deficit in half". It was a direct attempt to regain
his status as a supposed "fiscal conservative." The problem is that it is
just one in a long line of empty reassurances and dishonest statements on
the deficit issue.

In 2001, when he was pitching his tax cut, the President reassured the
country that, "we can proceed with tax relief without fear of budget
deficits, even if the economy softens." After his tax cuts passed and a
deficit ensued, he promised, "Our budget will run a deficit that will be
small and short-term." When that proved not to be the case, he said "I
remember campaigning in Chicago and one of the reporters said, 'Would you
ever deficit spend?' I said, 'Only - only - in times of war, in times of
economic insecurity as a result of a recession or in times of national
emergency.' Never did I dream we'd have a trifecta." Even this statement
proved to be a flat out lie: two days later on Meet the Press, Tim Russert
said "We have checked everywhere and we've even called the White House as to
when the president said [the trifecta caveat] when he was campaigning in
Chicago, and it didn't happen."

Bush then tried to shift the blame for the deficit, saying, "This nation has
got a deficit because we have been through a war." While that sounded good,
he was contradicting his own budget director, who admitted just a few months
before that "Even if we had never been attacked, and incurred no costs of
war or recovery from September 11th...we still would have gone into deficit."

Because the President has decided to focus on dishonest rhetoric - instead
of action - the deficit now sits at $374 billion - the highest in history.

Read the Mis-Lead -->
http://daily.misleader.org/ctt.asp?u=1316866&l=11829


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posted by Jason  # 10:52 AM

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