wake up america- why was it so wrong for the bush administration to run up a deficit, but now i hear no whining, complaining, or bitching from the media about the one we've just been granted by the "o-team"? does anyone see the illogic in this besides me? i'm sure the press will say "it had to be done, we were in a recession, blah blah blah." a deficit is a deficit. if you're going to hound one guy for increasing it- why not the next?
let's think of it in bar tab terms- since as a grad student i find a lot of students think the bar is the best place to be, maybe they'll get this analogy. let's assume i have a gracious bartender who knows me and likes me and is willing to give me a loan every now and then so i can have a favorite brew. now, let's say my jealous friend decries this as wrong and immoral (i'm not sure why, because as my friends know- if they're out drinking with me, they're going to get a drink out of it anyway). now let's assume that i move away and a new guy takes my spot BUT still has my tab essentially. shouldn't that same jealous friend decry the fact that the new guy is running up a tab? of course he should. then why isn't he? well, it's because the new guy is just that- the new guy. let's give him the benefit of the doubt! (okay- cue the fact that people didn't realize my last sentence was sarcasm in 3...2...1...now).
maybe that didn't make perfect sense...but it does to me and that's all that matters.
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