Correct. We’ve crossed over the line where we now have a majority of the population that can vote itself largess out of the treasury. The takers outnumber and outvote the makers. Representative civilizations always fall after that, to be take over by a dictator.
A nation of well-informed men who have been taught to know and prize the rights which God has given them cannot be enslaved. It is in the region of ignorance that tyranny begins.
Benjamin Franklin