" To understand how rapidly the situation(economic) is deteriorating,..."

[coda]

" You know you're in trouble when bad news becomes so routine that it's barely news anymore. "


The Courier-Journal Louisville, Kentucky

Daily Editorial

Bush's historic injustice


<snip>


Case in point: Yesterday's estimate by the nonpartisan Congressional Budget Office that the federal government is plunging toward deficits of $401 billion this year and $480 billion in 2004 — and nearly $1.4 trillion over the next decade — was so predictable that it created few political shock waves.

<snip>

To understand how rapidly the situation is deteriorating, consider that the CBO's last projections, in March , predicted a deficit this year of $246 billion, which would return gradually to the black in subsequent years to produce an $891 billion surplus for the 2004-2013 period.

<snip>


Worse yet, yesterday's numbers are rosy estimates. They take only limited account of spending needs in Iraq and Afghanistan, assume that Congress will allow several of the largest tax cuts to expire by 2010 and do not measure the impact of major new spending proposals, such as a Medicare prescription drug benefit.

<snip>

The country was far better off with a president whose deceptions were simply about sex.



more.....
http://www.courier-journal.com/cjextra/editorials/opin-top0827-3435.html

[NJCher]

1. bush calls it "bold and determined" leadership

The Courier-Journal calls it moranic: "The White House continues to strike its "What, me worry?" pose."


Cher

[coda]

2. LOL. You mean this?

[leftyandproud]

3. righties may have cable news...

but we have the editorial pages!

I suspect these are read by far more people than those who watch Faux

[indepat]

4. I've e-mailed the Courier-Journal my list of 13 "You know you are in troub

le when"