In response to the SOTU and Bush driving deeper into the red, I chose to focus on the obvious lie about our economy doing so well. We all know what a miserable failure Bush has been and that there are so many lies, misleading statements, and hyperbole that no one person can accurately keep track of it all, so I decided to post this and let the Kossacks have at it. Below the fold is a bit of what Think Progress had to say about it.
Here's the LINK
From Think ProgressSOTU: Bush Has Overseen Massive Deficits
Bush said: "Keeping America competitive requires us to be good stewards of tax dollars."
FACT- BUSH HAS PRESIDED OVER SUSTAINED, RECORD DEFICITS: In his 2002 State of the Union address, Bush promised that "our budget will run a deficit that will be small and short-term." Bush has not kept his promise. The 2005 U.S. budget deficit was $319 billion, the "third-largest ever." Goldman Sachs predicts $5 trillion in deficits over the next 10 years and Federal Chairman Alan Greenspan argued last April that "the federal budget is on an unsustainable path. ... Unless that trend is reversed, at some point these deficits would cause the economy to stagnate or worse." [Bush, 2002 State of the Union; Fox News, 1/25/06; Center for American Progress, State of the Economy, 1/26/06; Alan Greenspan, 4/21/05]
FACT -- BUSH TAX CUTS WOULD WORSEN THE DEFICIT: The President's tax cuts would only "expand the deficit over the next five years," despite his promises to the contrary. [Center for Budget and Policy Priorities, Press Myths]