THE BIG UNLUCKY NUMBER - Sometime between now and Memorial Day, the federal debt will hit $13 trillion dollars. That amounts to $42,000 per resident of the USA regardless of age or legal status. If we were to count only adults and those in the nation legally, the debt owed per person would be almost double that amount. The per capita income in the United States was $36,700 last year, meaning that on average, everyone in the nation owes more as their share of the national debt than they make in income for a year.
RATIONING MEDICARE - President Obama's nominee to run Medicare told a group last year, "The decision is not whether or not we will ration care--the decision is whether we will ration with our eyes open." Donald Berwick, a professor of pediatrics at Harvard Medical School, was nominated by Obama on April 19, 2010 to head the Centers for Medicare and Medicaid Services. He is a proponent of the public health care system in the UK and has said, "Any health care funding plan that is just, equitable, civilized, and humane must - must - redistribute wealth from the richer among us to the poorer and less fortunate." See CNS story
HOUSE AND SENATE IN RECESS - Both Houses are in recess and no votes are scheduled in the House until after 6:30 PM on Tuesday, June the 8th, although some members will return on June 7th for committee meetings. As a result, the nation is safe from further moral decay and excessive spending for the next ten days.