Tuesday, August 03, 2004

Elsewhere Alterman asks...

"Why did Kerry and all the Democrats ignore the Bush deficit.?"
I might quibble with the premise, but if you accept it, it's a perfectly reasonable question with an equally obvious answer - Bushco delayed announcing the full extent of their financial foolhardiness until Friday, after the Convention had been gaveled closed. I'll leave it to you to imagine why they might do such a thing, but it sounds like Democrats won't be ignoring it anymore...
The shortfall will be the third consecutive - and ever-growing - deficit under Bush, following four consecutive annual surpluses under President Clinton. Democrats said the turnabout underscored the damage done by Bush’s tax cuts and his poor stewardship of the economy, and criticized the White House praise for the report.

Democrats contrasted the $445 billion projection with the $262 billion surplus for this year that Bush projected in 2001, when he was persuading Congress to approve the first of his tax cuts.
We certainly won't be letting it go unnotices at Upper Left.

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