The always excellent Victor Davis Hanson pens another gem. From the article:
“Our staggering debt also raises an existential question — at what point would Obama stop borrowing on his own? Should aggregate local, state, income, and payroll taxes climb from 50-55% on one’s income to 60%, 70% or perhaps 80%? Should the top 5% pay not 60% of aggregate income taxes, but, say, 70% or even 80%? Should the 50% who pay no income taxes be expanded to 60% or 70% of the electorate? Should food stamp usage climb from one-sixth of the population (e.g., 50 million) to a third or about 100 million? At what point would the advocates of borrowing be content?”
Read the whole thing!