If you haven’t read Mark Steyn’s book “After America: Get Ready For Armageddon”, you’re missing one of the scariest books ever written. And Steyn continues to attempt to beat Stephen King as the king of horror with his article entitled “Happy New Year?”
Ring out the new, ring in the old.
No, hang on, that should be the other way around, shouldn’t it? Not as far as 2011 was concerned. The year began with a tea-powered Republican caucus taking control of the House of Representatives and pledging to rein in spendaholic government. It ended with President Obama making a pro forma request for a mere $1.2 trillion increase in the debt ceiling. This will raise government debt to $16.4 trillion — a new world record! If only until he demands the next debt-ceiling increase in three months’ time.
At the end of 2011, America, like much of the rest of the Western world, has dug deeper into a cocoon of denial. Tens of millions of Americans remain unaware that this nation is broke — broker than any nation has ever been. A few days before Christmas, we sailed across the psychological Rubicon and joined the club of nations whose government debt now exceeds their total GDP. It barely raised a murmur — and those who took the trouble to address the issue noted complacently that our 100 percent debt-to-GDP ratio is a mere two-thirds of Greece’s. That’s true, but at a certain point per capita comparisons are less relevant than the sheer hard dollar sums: Greece owes a few rinky-dink billions; America owes more money than anyone has ever owed anybody ever.
He continues on in this vein for quite some time, and it goes well beyond depressing to “oh, crap, the closet door is open and I can actually see the monster inside!”
“Deficits don’t matter” Dick Chenney.
535 HOuse and Senate Members screamed AMEN.
Deficits only matter to the party NOT in power. Right now that is the Republicans.
The prior 8 years it was the DEMOCRATS who screamed that GWB and the Republicans were bankrupting the country and we would all DIE if we didnt shut off the valve.
“Deficits don’t matter.” Is the new progressive mantra as the democrats spend mindlessly and refuse to reign in spending.
Deficits will only matter when the GOP is in charge and then we will hear how the Republicans are raping our childrens future and we have to curtail spending or were all going to die.
“Deficits really don’t matter” Claims every politician ever elected….under his breath……
Because to reign in deficits would mean pain for GLUTTON Americans.
And everyone knows that gluttony and consumerism is the trademark of America.
“Deficits don’t matter” get used to it….they will be saying that when we are all farming dirt….and a third world nation.