I read an alarming statistic recently .. parts of the United Kingdom are becoming so heavily dependent on government spending that the private sector is generating less than one-third of the regional economy. A new analysis found that the government's share of output and expenditure is more than 60% in some areas of England and over 70% in some parts of the UK.

That is what our country could be heading for, if we continue on this path of government spending and economic dominance. Currently, US federal government spending comprises about 26% of our economy. But compare that to the fact that before the New Deal, that number was only 3%.

As of right now, consumer spending in the US accounts for 70% of our economy. Not government spending, but spending from you, the consumer. And we are about to pass the largest spending bill in the history of this country .. there is no reversing this spending. But the government has to get that money from somewhere. It doesn't just appear out of thin air. And the answer is simple - it is going to get the money from you, the taxpayers. A pie can only be worth 100%. Right now, the consumers are spending 70% of that pie. If the government wants to increase its spending, guess who has to decrease their spending - you! Eventually in this country, we will reach these levels of parts of the UK, where government spending account for two-thirds of the economy. Too bad I won't be around to see it.