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Mark Steyn: Our Spending Signals To The World That "American Era Is Over"

"In a sense America voted for big government in November. What it didn't vote for is the willingness to pay for it. We have the biggest gap between revenue and spending of any nation on Earth. So people have got to get real about this. If you want Swedish-style government, you have to pay Swedish-style taxes. And if you don’t, you have to grow up and learn to live within your means," author and columnist Mark Steyn said on FOX News this morning.

The author of the book “After America” went on to point out that if the current debt-fueled spending continues, “you’re basically signaling to the world that the American era is over."

"I think he’s got another agenda. The thing to do is to get people used to the spending, which is about 25 percent of GDP. If he’s gotten people used to the spending, at some point people will have to pay for it the way the Norwegians pay for it, the way the Belgians pay for it. They will have to pay taxes that match what the government is spending. Obama has figured out if you get ‘em used to the spending, then two, three years down the line the taxes will fall his way," said Steyn.

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