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You laid out the situation so well - and, boy, it’s pretty bad. How do you think it will all shake out over the next 50 years?

Here is what I fear.

Democracies die when one group figures out they can vote themselves money. At some point, the situation gets so messed up people beg for a leader. They get conditioned to someone else providing for them, that they accept the idea of an overseer.

That is the path of democracy. The typical life span is 200 to 250 years. Then on to tyranny, civil war, or a massive Imperial state. The founding father's knew this.

My fear is that we are past the tipping point. At some date not to long from now the welfare recipients (which are the fasting growing class right now) new immigrants, and others dependent on the state will cede what freedom remains in order to get what they perceive is theirs. It may even work for awhile. But at the end of the day the new State will move to kill those it no longer needs. The Great Terror in France, the Red Terror in Russia, and a host of others show the path we are on.

All because we are no longer a nation of "Can do!" but of "DO FOR ME!"