Tonight’s the SOTU, and Mellowcat will be tuning in. Things are looking quite promising at the start of the second term. Sure, there are some tough problems, but we’ve got just the guy to figure those out. I checked out GW Bush’s 2005 SOTU on CSpan, just to see how he framed things at the outset of his second term. He said:
I will send you a budget that holds the growth of discretionary spending below inflation, makes tax relief permanent, and stays on track to cut the deficit in half by 2009.
The budget deficit in FY 2005 was $319 billion, and came in at $1.4 trillion for FY 2009. So he was off a little bit there. That said, it’s good to have goals.