28 MAR 2009, Saturday

1. Remember 1999 when Congress began making plans to spend the surpluses it expected would continue well into the new century. Economists then predicted that not only would the national debt be completely paid off in ten years, and Social Security easily funded, but there would be plenty left over for tax cuts, and for Congress to spend more on its favorite projects. Ahhh...the good old days. WTF happened? And more importantly why aren't we trying to get back to there as an "investment in our future"?