Bush hammered Democrats for what he called a tax-and-spend philosophy:
"The Congress now sitting in Washington holds this philosophy," Bush told an audience of business and community leaders. "The majority was elected on a pledge of fiscal responsibility, but so far it's acting like a teenager with a new credit card."
Hold the phones, George. Wrong analogy. You see, taxes=income, which gives you the money to spend. That's actually more like a teenager with a new job planning how he's going to spend his first paycheck. Setting $4B a month on fire in Iraq while simultaneously cutting taxes and fighting to make those cuts permanent? Yeah, that's where your credit card analogy comes in, but in this case you're the teenager who doesn't get that the card comes with an insane interest rate and no personal bankruptcy escape hatch.
Good try, Mr. President! You almost have that simile thing down!