Terry McAuliffe is an idiot. He feebly attempted to blame President Bush for having only the second-largest surplus ever.
The Democrats, in eight years, created a great surplus. It took George W. Bush eight months to blow it.
McAuliffe's fantasyland ignores the reality that the revenue and spending levels for 2001 were determined last October - before Bush took office. This President's budget won't be enacted until Ocober or later, and tax cuts will be phased in over the next ten years. So the blame for the shrinking budget belongs not to President Bush, but squarely on his predecessor.
Incidentally, we should ask McAuliffe what his plan would have been. Since I've never heard a Democrat advocate spending cuts, I'd be willing to bet that McAuliffe's plan includes a tax hike. When the voters realize that, "blow it" will have a new antecedent - the Dems' last feeble chances at the ballot box.
Posted by wasylik at August 22, 2001 05:18 PM