Mark Steyn on “Wednesday”

November 27, 2014

Mark Steyn on “Wednesday”

Mark Steyn discusses the realities of math in this National Review Online piece:

The central question of Wednesday — I mean, After America — is whether the Brokest Nation in History is capable of meaningful course correction. On Tuesday, the American people answered that question. The rest of the world will make its dispositions accordingly.

[Snip]

The good news is that reality (to use a quaint expression) doesn’t need to swing a couple of thousand soccer moms in northern Virginia. Reality doesn’t need to crack 270 in the Electoral College. Reality can get 1.3 percent of the popular vote and still trump everything else. In the course of his first term, Obama increased the federal debt by just shy of $6 trillion and in return grew the economy by $905 billion. So, as Lance Roberts at Street Talk Live pointed out, in order to generate every dollar of economic growth the United States had to borrow about five dollars and 60 cents. There’s no one out there on the planet — whether it’s “the rich” or the Chinese — who can afford to carry on bankrolling that rate of return.

Read the rest at National Review Online:    

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