Earmarks Aren’t Even the Beginning

Excerpt:

It took the United States over 190 years from the start of constitutional governance to accumulate $1 trillion in debt. We now add a trillion every nine months or so. At the start of World War II, our public debt stood at about $43 billion. That averaged out to $370 per American. On Election Day last week, with a population nearly three times as large, each American’s share had exploded to $44,370 — and counting.

http://www.nationalreview.com/articles/252673/earmarks-aren-t-even-beginning-andrew-c-mccarthy

Advertisements

About Well of Knowledge Tour Guide

I am a public policy thinker and amateur historian. My interests are seeking knowledge in all areas of life.
This entry was posted in Public Policy. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s