Cabbages and Kings

"The time has come," the Walrus said, "To talk of many things: Of shoes and ships and sealing-wax, of cabbages and kings and why the sea is boiling.

So spoke our purported leader today as he revealed the great accomplishment of the regime so far. The deficit, the glorious deficit, is only 296 BILLION dollars this year and this is a wonderful and joyous thing as we thought it was going to be much larger(423 B$). Granted it is the fourth largest deficit in history but it is better than last year's 318 BILLION dollars and much better than the other years I have ruled the kingdom.
How low does Bush think our intelligence has fallen under his command? Since when is any deficit good news but yet the he was touting what a great thing this was and how it was all due to his visionary tax cuts. I got the lipstick now where is that pig?

Here are the top five budget deficits of all time;

1. 2004 (George W. Bush) $413 billion
   
2. 2003 (George W. Bush) $378 billion
   
3. 2005 (George W. Bush) $318 billion
   
4. 2006 (George W. Bush) $296 billion (projected)
   
5. 1992 (George H. W. Bush) $290 billion

Just to remind ourselves how totally incompetent and deluded this bunch is... in 2001 they inherited a surplus estimated by both White House and congressional forecasters at $5.6 trillion for the next decade.

Supposedly most of the reduction in deficit is due to higher tax receipts from the wealthy and corporations. This translates to the richer are getting richer and the poor are getting poorer and the middle class is just that "caught in the middle".