Media

It's the most predictable economic crisis in history. Driven by four consecutive years of trillion-dollar-plus deficits, the nation's publicly held debt is projected to reach 73 percent of the economy this year. Funding for Medicare, Social Security and portions of Medicaid consume 43 percent of federal spending and will rise to 54 percent in 10 years. The federal government is so enormous, it represents 24 percent of our total economy.

Throughout the months of debate and public protest leading up to the 2010 passage of President Obama's health care bill, the White House repeatedly attempted to assure the American people that the government health care takeover wouldn't be all that intrusive. Various members of the Obama administration, as well as the Pelosi-led Democratic majority that controlled Congress at the time, appeared on the news every day to repeat their mantra: "Those who are happy with their current health care can keep it."

I was fortunate to get to meet recently with members of the Norman Chamber of Commerce during their annual trip to Washington. The Capitol's commonsense quotient automatically jumped a few points with so many Oklahomans on the premises, but that's not the only benefit of their visit. It's always educational to hear from people who know what it's like to start and run businesses, to make payroll each month, and to navigate the many hazards of a shaky economy.

Americans are feeling the pinch from high gas prices even earlier than usual this year. The annual Washington tradition of pointing fingers and demanding new energy policies doesn't usually kick off until Memorial Day. However, tensions in the Middle East and rising demand from growing economies in China, India and Brazil have combined to send gas prices skyrocketing at a record-setting pace months in advance of the summer driving season.