A trend has taken shape in Washington, and it has put our country on a devastating path towards potential fiscal ruin. The trend is characterized by an unsustainable penchant for spending money we don’t have. It became crystal clear in last year’s debt ceiling negotiations and was further highlighted by the recent debate surrounding the fiscal cliff; our country is broke, yet our government continues to spend more, risk more and accumulate more debt. Entitlements are often blamed for the vast majority of our spending issues, but our tendency to overspend is not restricted to just these. Parallels exist across the...
Sure wish there was an edit button - the above para should read HAZLITT'S, not halitt's. And, thank you Mr. Blackwell.
- Thursday TEMS: Duane Patterson, Phelim McAleer, Rep. Marsha Blackburn, Collin Raye Ed Morrissey 13 minutes ago
- Video: Obama declines to endorse Biden for 2016 Ed Morrissey 23 minutes ago
- Slate’s Dickerson: Obama deceptions might be a deliberate attention-diverting strategy Ed Morrissey 1 hour ago
- New Bloomberg umbrella gun-control group’s first ad: Are your children safe? Erika Johnsen 1 hour ago
- Report: Jewish residents being forced to “register” by pro-Russian militants in eastern Ukrainian city; Update: U.S. ambassador confirms; Update: Hoax? Allahpundit 2 hours ago
- NBC: Isn’t it great to have a multi-billionaire pour money into politics? Ed Morrissey 3 hours ago