Wednesday, July 12. 2006
Scotty Economics
"Sorry Cap'n, It'll take at least 8 hours to get the warp engines back online"
"Scotty, you've got 10 minutes"
[10 minutes later]
"Scotty, you're a miracle worker".
Sound Familiar?
2003: "The 2004 Budget deficit will be $512 million. I pledge to cut that in half by 2009".
2004: "Good news, the 2004 budget deficit is ONLY $400 million!".
2006: "Good news, the budget deficit will be ONLY $296 million. I'm on track to cut the deficit in half a year early!!! I'm a miracle worker!"
Talk about your "fuzzy math". Remember, we were running a SURPLUS in 2000.
UPDATE According to Raw Story, the numbers are even fuzzier, and 2007 will see deficits RISE again.
"Scotty, you've got 10 minutes"
[10 minutes later]
"Scotty, you're a miracle worker".
Sound Familiar?
2003: "The 2004 Budget deficit will be $512 million. I pledge to cut that in half by 2009".
2004: "Good news, the 2004 budget deficit is ONLY $400 million!".
2006: "Good news, the budget deficit will be ONLY $296 million. I'm on track to cut the deficit in half a year early!!! I'm a miracle worker!"
Talk about your "fuzzy math". Remember, we were running a SURPLUS in 2000.
UPDATE According to Raw Story, the numbers are even fuzzier, and 2007 will see deficits RISE again.
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