The assertion - that the middle class has out-consumed the "upper crust" during the Bush years - is false, the result of rosy assumptions that turned out to be wrong.
The Administration's path to budget balance in four years is built on rosy economic assumptions taken over from the final Reagan budget.
In other years, automatic cuts were avoided through accounting gimmicks and unrealistically rosy assumptions.
- Tech Trader Daily: Eric Savitz took out his calculator and made a few rosy assumptions.
They just want to use optimistic and rosy assumptions and to cook the books.
Mr. Russert said repeatedly that Mr. Gore's proposal was based on a rosy assumption that anticipated budget surpluses for the next 40 years.
United's bankruptcy filing followed the stabilization board's rejection of the airline's initial application for loan guarantees, which the board criticized as incomplete and based on overly rosy assumptions.
If Mr. Bush had pursued that same model of policy-making into Iraq, then we would not have alienated our allies or bungled postwar planning because of rosy assumptions.
For two years, Washington has acted on rosy assumptions that the imbalance of exports and imports would shrink as the value of the dollar fell.
INDEED, for those with a degree of skepticism, rosy assumptions are a challenge to history.