Another Reason Amazon Is Going to Rule the World
Covering the Economy: BEA January 27 GDP Release: WSJ Chartbook

Why Oh Why Are We Ruled by These Liars?

Hale Stewart notes that the Bush administration is--once again--highballing its estimate of this year's deficit so it can take credit at the end of the fiscal year for "reducing" the deficit below "expectations":

The Blogging of the President : The deficit will reach at least $337 billion for the current budget year, the Congressional Budget Office estimates, and the deficit is likely to go higher because of tax cuts and new additional spending for hurricane relief and the war in Iraq. The deficit estimated by the nonpartisan CBO was lower than predicted by the White House budget office, which two weeks ago said the 2006 deficit would top $400 billion because of emergency aid for victims of hurricanes Katrina and Rita.

If we had a real press corps that didn't fall for such transparent tricks, they wouldn't still be trying them, would they?

Impeach George W. Bush. Impeach Richard Cheney. Do it now.