Daily Archives: January 25, 2005

The Deficit

I heard on the news today that the projected deficit was $470 billion, but the Bush administration admitted it would probably be higher. What kind of projected estimate is that? If you know it will probably be higher, why did you not estimate higher? This is not the Price is Right. If you go over, you do not go bust.

(I apologize if the number is wrong because I was listening inside of the car, and I am not very good with memorizing numbers.)