“Our most dangerous tendency is to expect too much of government, and at the same time do for it too little.” –President Warren G. Harding (1865-1923)
I’d like to share with you bits of a newspaper column written by Star Parker, concerning the state of America:
“According to the Office of Management and Budget, 70 percent of U.S. government spending in 2013 was government transfers—direct payments of the government to individuals. Before 1960, transfer payments used less than 20 percent of the U.S. government budget.
“All projections show growing federal budget deficits, growing debt, and mind-boggling red ink [are] the results of entitlement programs that cannot be sustained. Does our nation have to formally crash and burn in order to wake us up?”
The gist of President Harding’s words in the opening quotation is expressed well by Ms. Parker, whom I’ve just quoted. More and more Americans seem to want more and more from the U.S. government, while at the same time not contributing anything into the country’s bank account.
Webster’s Online Dictionary gives this definition for the word entitlement: "the condition of having a right to have, do, or get something; belief that one is deserving of or entitled to certain privileges."
Social security is indeed an entitlement in both the literal and legal sense. As workers have paid into it, they are entitled to receive it when they retire.
At the current rate of growth of America’s entitlement programs, those contributions to Social Security by some current workers will not be available in the future. Those workers will not receive from the government what they will have contributed to Social Security to sustain them in their retirement years.
I leave you with Ms. Parker’s last words: “Does our nation have to formally crash and burn in order to wake us up?”
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