Sunday, October 21, 2012

Dysfunction

George Will reminds us today that our national debt, now at $16 trillion, is climbing at the rate of $4 billion per day! States' debts are about $3 trillion and their unfunded pension liabilities probably are another $4 trillion.Will quotes Michael Greve, a constitutional scholar at the American Enterprise Institute: "Although consensus is supposedly elusive, it actually is the problem. "Our operative consensus," says Greve, "is to have a big transfer state, and not pay for it." Read more here: http://www.stltoday.com/news/opinion/columns/george-will-seeds-of-our-dysfunction/article_3873bccd-7765-51c9-82b8-33f1289c1433.html

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