Saturday, April 14, 2012

Mark Steyn: Buying ‘Buffett Rule’ makes you a fool

Sometimes societies become too stupid to survive. A nation that takes Barack Obama's current rhetorical flourishes seriously is certainly well advanced along that dismal path. The current federal debt burden works out at about $140,000 per federal taxpayer, and President Obama is proposing to increase both debt and taxes. Are you one of those taxpayers? How much more do you want added to your $140,000 debt burden?

If you confiscate the total wealth of the Forbes 400 richest Americans it comes to $1.5 trillion, which is just a little less than the Obama budget deficit for year.

Posted via email from The Blue Pelican

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