tpm explains it all
Talking Points Memo sums up the
inconsistencies mind-boggling dishonesty of the Bush Administration's economic claims as adroitly as I've ever seen:
The Bush administration promised their fiscal policy wouldn't lead to deficits. When it did they made excuses and said it wouldn't be for long. Now that the deficits are huge and there as far as the eye can see, they say deficits never really mattered in the first place. Bad policy, bad character, and eventually -- one has to assume and hope -- bad politics.