By Scott Walker (Original source Washington Times)
“$67,000.
That’s the share of the federal debt inherited by every child born today in America.
When I was born in 1967, my share of the national debt was $1,640. Back then, the national debt was $326 million. That was about 38 percent of the national economy (as measured by Gross Domestic Product).
By 2008, when Barack Obama was elected as the 44th president, the national debt had grown to $10 trillion. That was 68 percent of the national economy.
Eight years later, the national debt nearly doubled to $19.6 trillion. That was an eye popping 104 percent of the our national economy. Yes, you read that right — our debt is more than the overall economy in America.”
Click here to see more
Sheila Bair: Tax-free credit unions are thriving at public expense
Many have used nonprofit status to expand beyond their mandate of serving low- and moderate-income communities. Sheila Bair, a senior adviser to the Center for…
Thought Leader: Sheila Bair
David Frum: The Tasks of an Anti-Trump Coalition
This article is written by WWSG thought leader, David Frum. Avoid progressive pieties and rebuild an effective democratic majority. Donald trump threatening to annex Canada?…
Thought Leader: David Frum
David Frum: The Price America Will Pay for Trump’s Tariffs
This article is written by WWSG thought leader, David Frum. Alienating allies and partners that the U.S. desperately needs means that “America First” will be…
Thought Leader: David Frum
Bringing conservatism back to colleges
Thought Leader: Scott Walker
Catching up with former Gov. Scott Walker
Thought Leader: Scott Walker
California rail project’s future in question
Thought Leader: Scott Walker
