Improved Clinch

Bled Dry

Earlier today, I posted a short note titled “The Next Special Interest Group,” wherein I cast a baleful eye at special interest groups in general, and noted their constant begging from the state’s coffers. Of course, the state’s coffers are merely an illusion, as the monies in the state’s coffers is not actually the state’s money, but your money and my money.

Well, how deep will the state continue to dig to keep their illusory coffers full? Deep, believe you me.

Government grew under Clinton, and grew even faster under his successor. Government is so big today that more than half the population gets a major part of its income from the state.

So says a study by economist Gary Shilling. Shilling, a Springfield, N.J., consultant and forecaster, says the portion of Americans feeding substantially at the public trough stands at 52.6 percent. In 2000, it was 49.4. It seems unbelievable that in 1950, only 28.3 percent of Americans lived off the taxpayers. Shilling projects 60 percent by 2040.

Does it not bother every true American that currently 52.6 percent of individuals live off of your work and earnings rather than earning a living for themselves? It sure as hell bothers me. Are you going to allow yourself to be bled dry?

Quote above taken from a John Stossel piece titled The Public Trough Is Bigger Than Ever

Linked via the blog Dissecting Leftism.

Posted by on 05/15 at 02:43 PM