September 9, 2010

At WEOZ: ‘The Obama administration’s Three Big Fat Fiscal Fables’

Filed under: Economy,Taxes & Government — Tom @ 11:28 pm

It’s here at the Washington Examiner’s OpinionZone blog.

I will post it here at BizzyBlog on Sunday (link won’t work until then).

The three fables are:

  1. The annual budget deficit is down.
  2. The (very modest) increase in federal receipts reflects a recovering economy.
  3. Year-over-year spending is down.

Go there to see graphics and content demonstrating why all three are fables.

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