Columnist Mark Steyn: We are on course to becoming the first nation of negative-millionaires. ... In Australia, each citizens share of the debt is $12,000; in New Zealand, its $15,000 per person; in Canada and Spain, $18,000; in the United Kingdom, $28,000; in Germany and France, $38,000; Italy, $44,000. And in the United States its $54,000 per person -- twice as much as Britain, thrice as much as Canada, closing in on five times as much as Oz. On this trajectory, America is exiting the First World. And thats before counting the unfunded liabilities that Washington keeps off the books but which add another million bucks per taxpayer. Nor does it include Obamacare, with which the geniuses of the technocracy have managed to spend a fortune creating the Internet version of a Brezhnev-era Soviet supermarket. ... Either you think those numbers above are serious or you dont. And, if you do think theyre serious and youre a lawmaker ... when are you going to get serious? Next month? Next year? Or shall we all sportingly agree to leave it till 2015 after the bipartisan deal on a $20 trillion debt ceiling?
Posted on: Fri, 25 Oct 2013 01:41:39 +0000
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