Former Delaware Governor and one-time Republican Presidential candidate Pete DuPont wrote an editorial carried by Real Clear Politics yesterday; "Nightfall in America: Obama deficits portend a dark future."

Excerpt:

From the WSJ:

When the Democrats took control of Congress in 2007, the debt held by the public was 36.2% of GDP. It rose to 40.2% the next year. This year it will be about 63.6%, next year 68.6%, then 77% of GDP in 2020. And the Obama administration's budget estimates 218% in 2050.

The reason for these rising deficits is the huge increases in federal spending--the intended growth of the federal government--that Congress and the president are pushing. The deficit in 2007 was $160 billion. In the next year the Pelosi-Reid Congress took it up to $458 billion, and when President Obama came into office in 2009 it hit $1.4 trillion. The current 2010 projected deficit is $1.6 trillion, which will lead to a tripling of our national debt from 2008 to 2020.

Mr. Obama will have raised the debt burden as a percentage of GDP by more than President Reagan did in all of his eight years.

All of this means we are indeed beginning to see a new America, dusk rather than dawn...

Note - DuPont's 1988 Presidential campaign included a number of libertarian policy proposals such as privatization of Social Security, and Educational Choice. He was pegged an "economic libertarian" by many in the media.

Current GOP candidate for US Senate from Delaware Mike Castle served as DuPont's Lt. Governor for two terms.