Thursday, January 7, 2010

Found in parentheses

Glenn Reynolds linked a few days ago to this piece by James Pethokoukis, What Ben Nelson didn't tell Nebraskans. It's a good enough article on Nelson's omissions about why he became Vote # 60 for ObamaCare, but what left me feeling gobsmacked, after Reading The Whole Thing, was this bit, in parentheses, near the end:

John Williams of Shadow Government Statistics calculates that using Generally Accepted Accounting Principles as public corporations do, the total 2009 budget deficit would be roughly $8.8 trillion, not the $1.4 trillion reported on a cash basis.
Good grief!

Disambiguation: Walter J. "John" Williams of Shadow Stats is not Walter E. Williams of George Mason University.

No comments: