Daily Archives: November 27, 2012

Capitol Zone

Glenn Reynolds: So Washington gets fat, and it does so on money taken from the rest of the country: Either directly, in the form of taxes, or indirectly in the form of money that otherwise would have gone to that … Continue reading

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What’s Over the Cliff

Beyond the fiscal cliff is the debt abyss: The actual liabilities of the federal government—including Social Security, Medicare, and federal employees’ future retirement benefits—already exceed $86.8 trillion, or 550% of GDP. For the year ending Dec. 31, 2011, the annual … Continue reading

Posted in Appalling, Economy, Taxes | 1 Comment