Bad Medicine
Mar 26, 2010
Joseph Bottum
A kind of exhaustion always settles in, murky and miasmatic, after battle. The nation’s conservatives foresaw the apocalypse if the Democrats’ plan for health-care reform passed, and on Sunday—yesterday, as I write—it did pass. The world didn’t end. The people didn’t rise up in rage. Furious lightning didn’t descend from the heavens to smash the apostate Capitol into rubble.
Of course, watching the ring of applause and self-congratulation around the podium in the House of Representatives, one could see that the nation’s Democrats were also thinking of the apocalypse—albeit, in happier terms. But, on Monday morning, the Rapture didn’t come, either, and the stony places of the earth didn’t blossom with sudden flowers. Despite the left’s predictions, the rise of the oceans didn’t slow, and the planet didn’t heal, and the lame didn’t walk, and the blind didn’t see.
Instead of falling—or rising, if the left proves correct—on the great wave of Armageddon, we must wait, in this trough of exhaustion, to learn what happens next. Our apocalypse is a slow one; it smothers us in whimpers. And here on Monday morning, all that remains is a sense of the impending. Something is slowly coming, something is slouching toward us. the rest
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The new slaves will be young, working Americans, especially those aged 30 to 50, forced to pay the crushing debt created by this massive new entitlement program.
Chicago Does Socialism
I could go on and on, but again the pattern is clear. Each time Obama prevaricates, we grant him an exemption because of his lofty rhetoric about bipartisanship and his soothing words about unity. Only later do we notice that in retrospect each untruth is part of a pattern of dissimulation within just a single year of governance. Obama has proven so far that in fact one can fool a lot of the people a lot of the time.
CBO report: Debt will rise to 90% of GDP
President Obama's fiscal 2011 budget will generate nearly $10 trillion in cumulative budget deficits over the next 10 years, $1.2 trillion more than the administration projected, and raise the federal debt to 90 percent of the nation's economic output by 2020, the Congressional Budget Office reported Thursday.
$12,670,895,780,689.20
The headline above provides the exact amount of outstanding public debt as of Tuesday, according to the latest available figures from the U.S. Treasury. By the time you read this, that figure will have increased by $17,338,324,977.
Personal Income Drops Across the Country
Personal income in 42 states fell in 2009, the Commerce Department said Thursday.
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