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New at Reason: 3 Essential Facts About the Current Moment

We're out of money, the public sector is overpaid, and we can't tax our way out.

Michael Moore gets it, says The Nation magazine. At a recent appearance in Madison, Wisconsin, the filmmaker told protesters that the nation isn't broke and neither is Wisconsin.

Actually, writes Reason's Nick Gillespie, Michael Moore does not get it. Neither does The Nation, nor protesters in Wisconsin and statehouses from Idaho to Ohio to New Jersey. Unfortunately, many Americans don't "get it," at least not yet.

Here are three essential facts that we all better face up to, and fast, if we want to maybe not win the future but at least look forward to the next decade.

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