"The man who asks of freedom anything other than itself is born to be a slave." Alexis de Toqueville
Monday, September 14, 2009
Can a Politician Tell the Truth and Live? Part 2
In a ten-year window, even if Obama delivered what he promised twice this week, it would save a grand total of $33 billion dollars - and that's for the whole industry. If the government covered a third of the costs, the total deficit reduction over ten years drops to a mere $11 billion dollars over 10 years. At that rate, how long will the "long run" need to be to save $4 trillion dollars in deficit spending? It would have to be 3,634 years.
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