While Jonah Goldberg was asking why have a debt limit at all, Michael Kinsley took it to the next stage: If the national debt doesnt matter, why have taxes at all? Particularly when you no longer have to print money, you can just quantitatively ease yourself into it. Once we raise the old debt ceiling, well be pretty much at the point where the U.S. government is spending $4 trillion but only taking in $2 trillion: For every dollar we raise in taxes, we spend two. No surprise there: The poorest half of the population pay no federal income tax. Theyre not exactly poor as the term would be understood in almost any other country, but in federal-revenue terms theyre dependents, so in order to fund government services for the wealthiest poor people on the planet we borrow money from a nation of subsistence peasants where pigs are such prized possessions they sleep in the house
#1
Anybody ever go to Disneyland and get on Mr. Toad's Wild Ride?
Posted by: Abu Uluque ||
04/30/2011 13:27 Comments ||
Top||
#2
"he toured Africa with Bono and they were photographed in matching tribal dress looking like Colonel Qaddafis Mini-Me twins at a Tripoli sleepover."
#4
When the British Army had occasion to surrender, which they have had to do from time to time in the Revolutionary/Napoleonic era, they played a special tune called "The World Turned Upside Down" as they marched out to surrender.
Feels like that tune is growing in the background doesn't it, wonder if they play it at the White House?
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
