Wednesday, March 15, 2006

Their hero was a fiscal loser, too

"As Adam Nagourney reports in the New York Times, Republican contenders so far have found one word to differentiate themselves from Bush: cheaper. All weekend, wannabes invoked the memory of Ronald Reagan, who was such a true believer in fiscal conservatism that the national debt only tripled on his watch, to nearly $3 trillion. Bush has presided over the disappearance of a $5.6 trillion projected surplus, and by the time he's through, will have added another $4 trillion to the debt".