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Washington Post Death Spiral Watch (Lori Montgomery Edition)

Posted on June 24, 2008

Why oh why can't we have a better press corps? Outsourced to Dean Baker: Big Bump in Post's Budget Reporting: It Doesn't Add Up: [A] front page article complaining that the presidential candidates may have problems paying for their campaign promises warns that the $340 billion deficit projected for 2009 is likely to grow as the economy weakens. Yeah, as the economy weakens, we will collect less money in tax revenue and we will pay out more money in unemployment benefits, food stamps, and other transfer programs. Would the Post rather the deficit did not increase in the downturn? This would n...

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Tags:
budget , deficit , economy , gdp , inflation , tax , taxes
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