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.
- Hillarynomics: Businesses don’t create jobs Ed Morrissey 32 mins ago
- Christie, Cuomo enact stricter travel restrictions as new patient showed symptoms in NJ, tests negative Jazz Shaw 2 hours ago
- Study: Non-citizens are voting in federal elections — and probably tipped at least one Senate race to Democrats Allahpundit 13 hours ago
- HHS official to Congress: I’m totally in charge, but that doesn’t mean I can prioritize Ebola prep over puppet shows Mary Katharine Ham 13 hours ago
- All in: Democrats plan full-court press to defeat Walker Guy Benson 14 hours ago
- Oh, by the way: North Korea now knows how to build small nuclear warheads for delivery via ICBM Allahpundit 15 hours ago