Monty Pelerin's World

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Today's Wisdom

Can We Survive This?

By Monty Pelerin, on November 20th, 2009

A visual presentation of the national debt and other key variables. Do not watch while eating or if pregnant.

The spirit of the following cartoon is correct but it is out-of-date regarding the number which is now above $12 Trillion. See the visual presentation to see the rest of the mess.

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It's a good thing we don't get all the government we pay for.
Will Rogers
Inflation is like sin, every government denounces it and every government practices it. Frederick Leith-Ross (1887-1968), chief economic advisor to UK government from 1932 to 1945
Frederick Leith-Ross, economic advisor to UK government from 1932 to 1945
Rightful liberty is unobstructed action according to our will within limits drawn around us by the equal rights of others. I do not add 'within the limits of the law' because law is often but the tyrant's will, and always so when it violates the rights of the individual.
Thomas Jefferson
Human action is purposeful behavior.
Ludwig von Mises
Giving government money and power is like giving car keys and whiskey to a teenage boy
P.J. O'Rourke

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