The Hill News

Woodstock on welfare: The year ahead will be distinguished by a singular feature, reported by The Associated Press: On Jan. 1, more than 10,000 baby boomers a day will turn 65, a pattern that will continue for the next 19 years. This is a problem for which there is no central planning solution. As Texas Rep. Ron Paul (R) has said, this could bring a “Soviet-style collapse.”

The system falls to its natural frailties. Since the early 1800s ,when de Tocqueville wrote about America and Russia, we have been in a competition that might be called Marx vs. Keynes; megastate vs. megastate. But since World War II the Western states have filled in. The internal regions have developed as “natural states.” The competition today changes from Marx v. Keynes to Keynes vs. Hayek: From global megastate vs. global megastate to internal competition within and between the American regions. In my opinion, America has reached its beginning.

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