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David Brooks Smells Something Funny

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Joel3/04/2009 12:20:09 pm PST

re: #396 vagabond trader

That was a quick turnaround. Any links?

This follows Obama’s loss of Chris Buckley, a Republican who went so far as to vote for Mr. Obama. Writes Buckley in the Daily Beast: “’$3.6 trillion budget’ can’t be right. The entire national debt is —what — about $11 trillion? He can’t actually be proposing to spend nearly one-third of that in one year, surely. Let me check. Hmm. He did. The Wall Street Journal notes that federal outlays in fiscal 2009 will rise to almost 30 percent of the gross national product. In language that even an innumerate English major such as myself can understand: The US government is now spending annually about one-third of what the entire US economy produces. As George Will would say, ‘Well.’