As a general rule budget reporting in this country is atrocious. It is standard practice to report numbers for the aggregate budget or specific programs without providing any context that would make these numbers meaningful. Often articles do not even make clear the number of years over which spending or revenue will be spread, as though it makes no difference whether we are talking about spending $200 billion over one year or ten. The NYT carried this a step further in a news article on...
Published on December 25, 2011 14:24