Mark Steyn nails the problem with our soaring national debt: we've got nothing to show for it.

Self-pity is never an attractive quality, and in an elected head of state even less so. Obama whines that his opponents say it's all his fault. One can argue about whose fault it is, but not, as my colleagues at National Review pointed out, whose responsibility it is: It's his. He's the only president we have. And he made things worse. He increased the national debt by some 70 percent, and what do we have to show for it? No dams, no railroads, no moon shots. Just government, and bureaucracy, and regulation, unto national bankruptcy.

Don't forget persistent unemployment, inflation, and a housing market on life support.

To step back in Steyn's essay:

Take, for example, the attempt at soaring rhetoric: "That's how we built this country - together. We constructed railroads and highways, the Hoover Dam and the Golden Gate Bridge. We did those things together," he said, in a passage that was presumably meant to be inspirational but was delivered with the faintly petulant air of a great man resentful at having to point out the obvious, yet again. "Together, we touched the surface of the moon, unlocked the mystery of the atom, connected the world through our own science and imagination. We haven't done these things as Democrats or Republicans. We've done them as Americans."

Can anyone really imagine America accomplishing any of these things now? Ask yourself why not. Impoverishing ourselves to employ zillions of bureaucrats is reason number one.

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