April 15, 2007
OR PRIVATIZE IT:
As US tax rates drop, government's reach grows: Study: 1 in 2 Americans now receives income from government programs. (Mark Trumbull, 4/16/07, The Christian Science Monitor)
Slightly over half of all Americans – 52.6 percent – now receive significant income from government programs, according to an analysis by Gary Shilling, an economist in Springfield, N.J. That's up from 49.4 percent in 2000 and far above the 28.3 percent of Americans in 1950. If the trend continues, the percentage could rise within ten years to pass 55 percent, where it stood in 1980 on the eve of President's Reagan's move to scale back the size of government.That two-decade shrink-the-government trend now appears over, if for no other reason than demographics. The aging baby-boomer generation is poised to receive big payments from Social Security and government healthcare programs.
Speaking of people who ought to lose the franchise....
Posted by Orrin Judd at April 15, 2007 5:00 PM
This generally spells the end of most civilizations. GB Shaw's quote about 'robbing Peter to pay Paul' is instructive.
There are now more of them than us, and as long as liberty exists somewhere else, people will vote with their feet and move to where they aren't being skinned alive by a class of pension pigs.
Posted by: bruno at April 15, 2007 7:44 PMAh Bruno, that's the rub. That fantastical place where we aren't being skinned alive doesn't exist.
Posted by: erp![[TypeKey Profile Page]](http://brothersjuddblog.com/nav-commenters.gif)
at April 16, 2007 7:10 AM