In 1897, troops from the greatest empire the world had ever seen marched down Londonโs mall for Queen Victoriaโs diamond jubilee. Seventy years later, Britain had government health care, a government-owned car industry, massive government housing, and it was a shriveled high-unemployment socialist basket-case living off the dwindling cultural capital of its glorious past. In 1945, America emerged from the Second World War as the preeminent power on earth. Seventy years later . . . Letโs not go there.
Mark SteynIf the IMF is correct (a big if), China will be the planet's No.1 economy by 2016. That means whoever's elected in November next year will be the last president of the United States to preside over the world's dominant economic power.
Mark SteynThe president has borrowed more money to spend to less effect than anybody on the planet.
Mark SteynIf you took every single penny that Warren Buffett has, it'd pay for 4-1/2 days of the US government. This tax-the-rich won't work. The problem here is the government is way bigger than even the capacity of the rich to sustain it. The Buffett Rule would raise $3.2 billion a year, and take 514 years just to pay off Obama's 2011 budget deficit.
Mark SteynByrd, the former Klu [sic] Klux Klan Kleagle, is taking a stand over states' rights, or his rights over State, or some such. Whatever the reason, the sight of an old Klansman blocking a little colored girl from Birmingham from getting into her office contributed to the general retro vibe that hangs around the Democratic Party these days.
Mark Steyn