Bobbie Boyd is in a losing battle against near triple-digit temperatures in northwest Arkansas. Her window air conditioner runs nonstop and the ballooning electric bill carves about $240 out of
Means-tested welfare spending nearly rivals the combined cost of Social Security and Medicare, and President Obama's response has been to continue the permanent enlargement of the system. Accordingto the President's budget plans, means-tested welfare is likely toequal or exceed $10.3 trillion over the next decade. Much of this spending will be financed by massive government deficits, placing larger and larger financial burdens on future generations.