For a time I thought the national debt was the most pressing political issue for the United States of America. It is rapidly expanding by record amounts, and the political leaders seem to have a compete unwillingness to make hard choices instead of just kicking things down the road a little more. I know Keynesians like Krugman keep saying that we should borrow even more because interest rates on Treasuries are so low right now, but Europe is daily proving that interest rates can suddenly rise much quicker than your ability to pay them back. I fear we are setting ourselves up for enormous problems in the future.
But the financial Armageddon has not happened yet, despite the regularly dire predictions of doomsdayers since 2008. It still seems to be somewhere in the distant future. I am still very concerned about it, but there is another important political issue that is beginning to cast much larger and more frightening shadows on my presently unfolding life.
It is the issue of civil liberties.
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