If we keep going down this road it will be the death of the economy.
People will come to the conclusion that its time to move or stop producing.
This thought never occurs to the Liberal brain. They think the money tree will never run out.
You know, I have a theory that the reason they do that is that they confuse money with wealth. Money isn’t wealth. It just represents wealth. The maximum amount that government spending can justifiably be increased by is the growth rate plus the inflation rate. Anything more is either an expansion of the public sector, an increase in unaffordable debt, or an increase in inflation (or all three).
I didn't really plan this out, but I've essentially “gone Galt”. If things keep going the way they are going, I'll have plenty to retire on by the time I'm eligible to access the money (anther 10 years or so). In the mean time, I'm working less than half time teaching at the community college and doing a lot of nothing.
And that $20,000 + in taxes that I used to send to the government every year? Well, nobody calls me an evil capitalist who doesn't pay their fair share any more.
Back on this topic, I “lived like noone else”, so I don't have all the stuff that folks with my kind of net worth generally have, but I built that net worth up on a relativley small income.
And every bit of it came from good parenting. I don't have kids of my own, but those of you who have these Gen X children, you have to model good behaviour to them. You can't depend on the government to do it for you.