Excellent observations. At this point we have to ask ourselves can this treason, once laid bare for all to see, be dealt with by the great unwashed? And to your point, is there still time to undo the damage that’s been done, and at what cost, or have we already passed the tipping point? Regardless, I see some tough times ahead...
It involves ENDING the federal presence in our individual lives by gradually phasing out ALL of these "assistance" programs. I'd start off by placing an end date for social security and gradually cut back until no one is covered by it. Those who have paid into it who do not receive the "benefits" at least will have a 15% raise in income to show for it. I'd take this trade-off and I'm 57. I'd at least know that my kids and grand kids won't be screwed like all of us have been.
This one step would go a long way to returning this nation to financial solvency. Once federalism has been returned to it's rightful posture, those who have delivered it to our doors will become contributors to our society rather than bloodsuckers. The states will take center stage in providing whatever assistance is deemed necessary. The other thing to help this transition is to "privatize" as much as possible EVERYTHING that is currently being done by government so that things that don't survive in the real marketplace can die off as they need to.
These are just a few ideas to start off with. There are many other things that can be done. In short, yes, we can fix this.