A flood of red ink

I don’t know if you’ve read ever read much of The Economist, but it’s not a liberal magazine. To say the least. Which makes this article on the Bush economy really interesting reading to me.

More sober analysts are also worried. In their most recent poll, members of the National Association of Business Economists described the federal deficit as the biggest problem facing America’s economy. A bipartisan coalition of three economic think-tanks–the Committee for Economic Development, the Concord Coalition and the Centre on Budget and Policy Priorities–recently declared that, without a change in course, the next decade might be the “most fiscally irresponsible” in the country’s history.”

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