"All our great Presidents were leaders of thought at times when certain historic ideas in the life of the nation had to be clarified." -Franklin D. Roosevelt, September 11, 1932

08 March 2006

Fiscal Insanity

I was all for the president having the line-item veto when Congress gave it to Bill Clinton, so it is only fair for me to come out for it under George W. Bush. (The Supreme Court struck it down the first time around.)

But, on the other hand, under the current administration, the United States is heading for a world of hurt. The Financial Times lays out the bleak picture.