Washington, Wall Street and Everything in Between

As you travel from Wall Street to Pennsylvania Avenue, economic rationality stops and political rationality takes over just as you hit the Beltway. This site is your ticket across that gap, analyzing what makes political sense, what makes economic sense, and rarely what just makes sense.
Posted by Stan Collender

One final post tonight about the Bush fiscal 2009 budget: Where the hell was OMB Director Jim Nussle?

I can understand him not being on yesterday's Sunday talk shows.  Those producers probably didn't want the OMB director of the outgoing administration when they could get presidential candidates just before Super Tuesday.  And, in following the tradition set by the Bush administration, the White House almost certainly didn't want him to appear anyway.

Posted by Stan Collender

A "Why bother?" is what you get when you go into a Starbucks and order a decaf coffee with extra sugar and extra milk.

It's also what you get why you look at the Bush fiscal 2009 budget. 

Posted by Stan Collender

The Bush fiscal 2009 budget was released this morning.  Senate Budget Comittee Ranking Republican Judd Gregg (NH) has already been telling reporters that it's a sham full of gimmicks and unsubtantiated savings.

If the ranking R on the Senate Budget Committee isn't pulling his punches, the criticism from Democrats later today is not going to be pretty.

The BTW Made Me Do It

03 Feb 2008
Posted by Stan Collender

Starting tomorrow, that is, when the Bush budget is released, my work and professional life turn into a shambles for a month or so.  Because of that, I always try to spend a bit more time with my Beautiful and Talented Wife (The BTW) in the days leading up to the budget being sent to Congress.  As a result, my posts have been a bit "unscheduled" the past two weeks.

I could blame it on The BTW, but that wouldn't quite be right.  The truth is that, when it comes to The BTW or Capital Gains and Games, it's absolutely no contest.

Posted by Stan Collender

I'll have more on this when it's released tomorrow morning, but with a projected $400 billion plus deficit, $3 trillion or more in spending, and program cuts that few, if any Republicans will support, it is time to do what needs to be done: The Bush fiscal 2009 budget is so dead that it may not even make it to the Monday evening political talk shows.

Ask yourself this question: Would you rather cover the Super Tuesday primaries or the budget of a lame duck president that his own party will run away from?

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