Tuesday, July 11, 2006

I've got it! I've got it! The pellet with the poison's in the vessel with the pestle; the chalice from the palace has the brew that is true! Right?

Suckered again on deficit forecasts. The administration shoots high on forecasts then claims victory when the deficit is only $296 billion. I would think it prudent that financial reporters stay away from any situation that involves haggling (buying a car or bartering in an arab market for example) as they would most certainly lose their pants.

Gotta love the White House, though. "Sure you stepped on a beehive but you were stung only 296 times as opposed to the 423 times we originally estimated. Isn't that great?"

UPDATE - It appears not everybody was suckered. Kudos to the LA Times for finally getting it.

No comments: