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Archive for July 18th, 2008


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Our economy has demonstrated remarkable resilience.

— President Bush at a press conference; July 16.

We’re spending like a drunken sailor.

— Sen. Jeff Sessions, R-Ala., predicting the federal budget deficit would double this year; according to Manu Raju of The Hill newspaper, the Congressional Budget Office has estimated that, for the first nine months of fiscal 2008, the government ran up a $268 billion deficit, $148 billion more the same period last year; July 17.
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Written by Dr. Denny Wilkins

July 18, 2008 at 10:38 am

Posted in Uncategorized