Days before W took office, The Onion predicted a massive increase in defense spending, a Gulf war, a recession brought on by substantial tax cuts, deregulation of industry, defunding of social-service programs, and a return to deficit spending:

For the original 'Onion' item from January 17, 2001, go to:
http://www.theonion.com/articles/bush-our-long-national-nightmare-of-peace-and-pros,464/
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OCU