Among many Americans, there is a belief that the government could pay for all sorts of wonderful things if only they weren’t so stingy. Some people feel they deserve government assistance for housing, food, medical care, child care, higher education, transportation, and utilities, among other things. In short, many grown-up Americans are still operating with the spoiled teenager mindset of thinking they have a right to have all their needs and wants met, and that the government should take the place of mom and dad in being their great provider.
And like teenagers, this breed of entitlement-loving American is not concerned with how things are paid for, as long as they keep getting what they want. But in the real world, goods and services aren’t free, and the government cannot simply produce wealth like manna from heaven. The funding must come from somewhere, and that somewhere is the taxpayers.
However, the simple fact is that the current US income comes nowhere close to being able to cover the current US spending, and the difference is all borrowed. At this time, the US debt is over 15.5 trillion dollars. That is 15 with twelve zeros! Broken down per citizen, each man, woman, and child in this country owes over $49,700. A family of four’s portion of the debt is nearly 200 thousand dollars! If our country’s debts came due tomorrow, would you be able to cover your family’s share? I know I couldn’t.
It is past time for our government to become a responsible parent and realize that its children have become indolent and greedy, and cut us off for our own good. Make no mistake, this will be quite a difficult transition as Americans shift back to the mindset that if they want something, they need to go out and get if for themselves. As Benjamin Franklin said, “I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it.”