Duplicity Can Only Get You So Far

Just ask John Snow. Reuters (01.10.06):

"The White House aims to shrink the U.S. budget deficit through spending restraint and strong government revenues but will oppose letting tax breaks expire, U.S. Treasury Secretary John Snow said on Tuesday." US's Snow-will shrink deficit with spending cuts

Kash at Angry Bear takes a look at the facts, and draws us up a little chart (01.11.06):

"To any journalists reporting on this garbage from the Treasury Secretary: Please Pay Attention. Secretary Snow is spouting nonsense when he says that the deficit can be cut through 'spending restraint'. It is impossible to make a substantial dent in the deficit through spending restraint." Snow's Garbage on the Deficit

"And whenever anyone from the White House says that that is their plan, it is the responsibility of journalists to report this fact alongside the budget nonsense emanating from the White House." But they won't. Economics and stuff is too hard!!