Mark Levin made a good point on the radio recently. While pointing out that government takes 25% of all income in the US - and still cannot come close to paying their bills, he said what I felt was important: We're all at fault.
Well, maybe not individually, but all at fault as a voting mass because, since FDR, we have been demanding and taking more and more goodies from the government - ie from eachother. The candy bowl was emptied, so we started borrowing candy from China.
China is making money from those loans, from our labor. But as our commenter Bob said here this morning:
The reality is that a majority of Americans want socialism. They want Social Security, Medicare, Medicaid, welfare, unemployment benefits, minimum wages and maximum hours, and regulations on the environment, work, housing, food and drugs, zoning, etc etc etc. All that is modern, parliamentary socialism. The old socialism of worker dictatorship and state ownership of the means of production died in WWI when the workers supported the war instead of revolting.
But Americans have been conditioned to hate the word socialism.
Also, Americans, like people everywhere, don't want to pay for it. They keep trying pass the costs on to someone else. There is no one else. The American middle class and working class will have to pay a lot more in taxes to get what they want. A very lot more. Probably at least double.
If taxes aren't raised dramatically, benefits will have to be cut. That will not happen until economic collapse occurs. Greece is everyone's future. Most of the welfare state benefits go to the elderly. If you cut benefits, you will reduce your own grandparents to poverty and you will deny them medical care. In other words, welcome to 1910.
