Today’s welfare state is an unaffordable luxury that belongs
in a junkyard with other failed experiments.
It will not vanish completely, but responsible politicians—if the term
is not oxymoronic—must take the heat and shrink it to a manageable size. Multiple public pensions providing two or
three times the nation’s median income must end. The private sector cannot support the public
sector. Social Security and Medicare
must be means tested. Victor Davis
Hanson writes that we must confront the reality of a welfare state that is
predicated on flawed assumptions about everything from demography to human
nature [because] a rendezvous with brutal reality is now upon us.
One way or another, the days of robbing our grandchildren will soon be over. The author questions the
practice of automatically increasing welfare payments for people who continue
bringing children into the world that they cannot support. Should Medicaid pay for sex change
operations? Why have mortgage-interest deductions for people who
are wealthy enough to own multiple homes? Maybe we no longer need troops stationed in
Germany and Japan.
Steve Doughty writes in the Mail Online that the
welfare states of Europe…are now facing destruction because of the sovereign
debt crisis…The troubles that began with the collapse of Greece and which now
threaten the euro spell the end for excessive…welfare systems. If left unchecked, the expanding American welfare state
would soon mirror the one that is bankrupting Europe.
Although the average Greek retires at 53, their life
expectancy is 80.2 years. French state
workers can retire at age 60 on one-half of their salaries; life expectancy
there is 81.1 years. Fired German
workers can collect 60% of their last pretax paycheck amount from the
government for a full year. They cannot
afford such largesse, and neither can the US.
The current Theftocrat created recession has put 44 million
Americans on food stamps. The American
Thinker reports that there were roughly 20 million in that program in 2006 when
President Bush was in office. Federal
welfare spending is one of the primary reasons for our $1.5 trillion annual
budget deficit.
- 1.4 trillion for Medicare, Medicaid
- The Department of Health and Human services gets 83.5 billion
- Welfare housing costs 41 billion
- The oxymoronic Earned Income Credit program takes 59 billion
Today O-bumites are trying to borrow trillions more
dollars to enhance their vote buying theft-welfare state. Opposing sides of the Congressional aisle are
in a Mexican standoff over continuing this inter-generational theft. In this article by Daniel Palazzolo, the
author describes the national dilemma.
We are in this mess because we don’t want to pay for the
programs we profess to need and both parties know it. We say we want less government, but we don’t
want to spare the programs that make government too big. We say we want our leaders to compromise, or
we want a “balanced approach,” but we don’t really want to pay more taxes from
our pockets, or accept lower benefits from the programs we depend on. Let someone else sacrifice.
While we fight about decreasing spending and increasing our
debt, we are far along our descent into national bankruptcy. We cannot pay our bills yet want to borrow
more money. We will soon be insufficiently
creditworthy to justify borrowing at low rates. Congress
will be forced to match expenses to revenues because the only people
who will loan to us will demand usurious interest rates. There is a silver lining in our economic
cloud after all.
May your gods be with you.
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