Yes. Fiscally, culturally, morally, and every other kind of way.
Brief examples of each:
Fiscally - The Social Security System is near bankrupt, yet illegal aliens are drawing benefits from it. We're also now giving illegal aliens benefits from Medicare.
Culturally - Hip-hoppers hold their crotches while they "sing". Hollywood is unable to make a movie without loading it up with F-bombs.
Morally - Same-sexers are now getting "married". "Booty calls".
You're right - and if we got the morality abd cultural factors straightened out, fiscal responsibility might follow.