The Sun Also Sets
National Review OnLine – Mark Steyn – 3/24/2012
“We are headed for the most predictable economic crisis in history,” says Paul Ryan. And he’s right. But precisely because it’s so predictable the political class has already discounted it. Which is why a plan for pie now and spinach later, maybe even two decades later, is the only real menu on the table.
There’s a famous exchange in Hemingway’s The Sun Also Rises. Someone asks Mike Campbell, “How did you go bankrupt?” “Two ways,” he replies. “Gradually, then suddenly.” We’ve been going through the gradual phase so long, we’re kinda used to it. But it’s coming to an end, and what happens next will be the second way: sudden, and very bad.
The reality is, given the dollar’s decline over the last decade, that most Americans can no longer afford to flee to any place worth fleeing to.
WHAT’S LEFT IS THE NON-FLEE OPTION: TAKING A STAND HERE, STOPPING THE SPENDAHOLISM, CLOSING FEDERAL AGENCIES, PRIVATIZING DEPARTMENTS, BLOCK-GRANTING TO THE STATES — NOT IN 2040, BUT NOW. “SUDDENLY” IS ABOUT TO SHOW UP.
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