PostHeaderIcon Comrades, now Hopenchange = Fearengloom

I guess now that the election is over, it is OK to admit the truth:

All of this is unfolding in an economy that can no longer be understood, even in passing, as the Great Society vs. the Gipper. Whether we like it or not—or even whether many people have thought much about it or not—the numbers clearly suggest that we are headed in a more European direction. A decade ago U.S. government spending was 34.3 percent of GDP, compared with 48.2 percent in the euro zone—a roughly 14-point gap, according to the Organization for Economic Cooperation and Development. In 2010 U.S. spending is expected to be 39.9 percent of GDP, compared with 47.1 percent in the euro zone—a gap of less than 8 points. As entitlement spending rises over the next decade, we will become even more French.

French? Are there enough freemen left who think this is a bad thing? Read it if you think you can do so without getting ill. Once the Obamessiah signs the implementing legislation they will pass tomorrow, nothing short of a revolution will ever return our Liberty. How soon will it start? ◄Dave►

Leave a Reply

Subscribe via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Political Spectrum
Political Circle
Archives
Blogroll
Internal Links