From National Review.
China becoming the world’s biggest economy, another American downgrade, total U.S. liabilities equivalent to about three times the entire planet’s GDP. A “non-partisan” Pew Research study says the American middle class faces its “worst decade in modern history” — and the first bump down starts on January 1: The equally “non-partisan” Congressional Budget Office now says that the tax and budget changes due to take effect at the beginning of 2013 will put the country back in recession and increase unemployment. This is a revision of their prediction earlier this year that in 2013 the economy would contract by 1.3 percent. Now they say 2.9 percent. These days, CBO revisions only go one way — down. They’re gonna need steeper graph paper. In a global economy, atrophy goes around like syphilis in the Gay Nineties: A moribund U.S. economy further mires Europe, and both slow growth in China, which means fewer orders for resource-rich nations. . . . Four wheels spinning in the mud, and none with a firm-enough grip to pull the vehicle back on to solid ground.
[...]But don’t worry, Obamacare will “lower costs.” Since passage of the bill in 2010, the CBO has revised its estimate of Obamacare’s gross costs over ten years. Can you guess in which direction, boys and girls? Yes, up from $944 billion to $1.856 trillion. That’s some “revision.” I wonder where it’ll be in another two years.
Well, I’m not the CBO, but I’ll take a wild guess: Obamacare is going to be expensive on a scale unknown to European health systems. Look around you. Americans are not Swedes. Obesity rate in the United States: 36 percent; Sweden: 9.7 percent; Japan: 3.2 percent; China: 2.9 percent; India: 0.7 percent. Ours is a country where 78 million people (or about the entire population of Germany) are classified by the Centers for Disease Control as “obese” — including over 40 million women. If 40 million women have it, isn’t that a “women’s health” issue? Perhaps even a bigger “women’s health” issue than the right of thirtysomething students to free contraception? It’s the first thing the average American of, say, 1950 would notice if you catapulted him forward from his mid-century Main Street to today: not how amazing all these computer gizmos are, but how large and sick today’s Americans look.
[...]So we can’t fight a war in Afghanistan, but we can fight a “war on women” that only exists in upscale liberal feminists’ heads. We can’t do anything about exploding rates of childhood obesity, diabetes, and heart disease, but, if you define “health care” as forcing a Catholic institution to buy $8 contraception for the scions of wealth and privilege, we’re right on top of it. And above all, we’re doing it for the children, if by “doing it” you mean leaving them with a transgenerational bill unknown to human history — or engaging in what Boston University’s Larry Kotlikoff, speaking at the International Institute of Public Finance in Dresden last week, called “child fiscal abuse.”
If that sounds a trifle overheated, how about . . . hmm, “legitimate fiscal rape”? No? Then let’s call it a “war on children.” Unlike the “war on women,” it’s real.
Are you a young person living with your parents with student loans and no job? Are you worried about how you will have to pay for ballooning entitlements for the elderly out of your future earnings? Then stop voting for Democrats.