Reason number 1 billion why Washington is broke

As we approach the fiscal cliff with Obama simply unwilling to agree to any deal that doesn’t massively increase taxes (and Republicans unwilling to press the issue on spending), I see this story about an airport in New Hampshire that is basically giving flights to Boston away so that the airport can tap into $1 million of our tax dollars.

Oh, and just in case you think this doesn’t happen here in New Mexico…

As Margaret Thatcher famously said, “The problem with socialism is that you eventually run out of other people’s money.” Unfortunately, with the printing presses revved up to full speed in Washington, we won’t realize we’re off the cliff (both fiscal and the overall economic cliff) until it is too late.