A billion here, a billion there, pretty soon you’re talking about real money

As readers of this page (both of you) know, I’m a staunch supporter of President Bush. But more and more I’m troubled by the lack of fiscal responsibility evidenced by a half-trillion dollar deficit. Yes, I know the economy is struggling and tax breaks/deficit spending are expected during a slowdown. But at the same time, federal spending has increased 18% over the past two years and Congress is looking to pass a monstrously large new prescription drug entitlement. I’m very concerned.

“Chill out – relax!” says N. Gregory Mankiw in today’s Washington Post
“No, be concerned” says Andrew Sullivan on his blog