Tuesday, February 08, 2005

Still fagged from trip...

...but up for a mild political post. Given today's discussion of budget, I'm back to my feelings about Bush's 2nd term. He does appear to be trying to do too much: Social Security last week; Deficit reduction this week. Have heard talk of asbestos tort reform & of course there's Iraq.

Decided to make my predictions on deficit reduction:

Fiscal year deficit as % of GDP
2004:
3.6%
2005:
3.5%
2006: 3.4%
2007: 3.3%
2008: 3.2%
2009: 3.1%

Wonder if i can get a wager out of this with any of my conservative
friends.

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