Day By Day

Wednesday, March 25, 2009

Obama vs the CBO

Remember the past several years when Democrats were assaulting Bush for his supposed fiscal irresponsibility? Of course you do! Well, back then Dems swore up and down that CBO figures could be trusted and that they invalidated administration projections of the deficit. Actually there was little discrepancy between the CBO and administration figures.

Well, things have changed.

Now that the Democrats are writing the budgets they have decided all of a sudden that CBO figures are not to be trusted. That's because the CBO contradicts our Dear Leader's projections of future deficits, and not by a few percentage points [as was the case under Bush] but by a whopping 33 percent!!!

I guess Obama figures, if you are going to lie, lie big!