Taking that larger national debt figure into account, as well as the likely growth in the number of U.S. households, we estimate that the current national debt burden per U.S. household is roughly $131,113.
Thanks to the marvels of modern technology, members of the resistance movement inside Syria last week were able to have a secure conversation with a small group of foreign policy mavens in Washington. What they told us boils down to this: A revolution is underway.
No matter what the tax rates have been, in postwar America tax revenues have remained at about 19.5% of GDP.
Judging by the number of comments on the story, liberals are very offended that I believe Obama is the "The Worst of All Possible Presidents." Somehow, I think, I'll learn to live with the guilt. Over time, I might even learn to laugh about it. Yep: Time's up.
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