Right Opinion
The best of conservative opinion and commentary, updated daily.
Friday, November 27, 2009
Reflections Over the Turkey
This is not the happiest Thanksgiving holiday. So many out of work, so many others afraid they're next, and the recession is not receding as swiftly as we were told it would. Yet all these worries pale against the collective remembrance of the fearful hardships endured by the first immigrants to these shores. They spread the first feast of gratitude in the New World. They laid the foundation for the generations who followed to enjoy life, liberty, the pursuit of happiness (and turkey).
Thursday, November 26, 2009
Full Speed Ahead on Health Care
Double-digit. That hyphenated adjective has been used most often recently to describe October's 10.2 percent unemployment rate. But it can also be used to describe the federal budget deficit as a percentage of the gross domestic product. That precise number is not yet known, but it may turn out to have a more dire effect on our national life than October's unemployment rate. In the fiscal year just ended, federal spending was nearly 25 percent of GDP, while federal revenues slipped below 15 percent because of the financial crisis and recession. We have not seen a budget deficit of this magnitude since World War II, which surely was a greater challenge than recent economic troubles.
