In response to:

Elizabeth Warren: We Need Much Higher Government Spending to Keep Up with China

Phall44 Wrote: Aug 01, 2012 4:26 PM
Bingo Liz! And I used the same logic with my kids. I told them, "Parents of your high school classmates - the ones with the drug problems and broken homes - are spending 5 times more on things for themselves than I do. So, I have decided to spend five times more money on me every month, which means you will have to eat...wherever."

I'm flabbergasted:
 


Here we have a woman who looks at our $16 Trillion national debt and thinks, we simply must spend far more. After all, China (coincidentally our top foreign creditor) spends roughly 9 percent of their GDP on infrastructure, whereas we spend "just" 2.4 percent on similar projects.  We can "do better," she says.  The New York Sun's Ira Stoll spoils the statist party by pointing to a minor arithmetic-related complication:
 

The first problem is mathematical. U.S. gross domestic...