Talk of The Villages Florida - View Single Post - The GOP Is Dying Off
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Old 05-21-2015, 09:20 AM
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We are increasing the number of people that are receiving compensation without working or producing anything. That includes federal, state, and local public sector employees drawing pensions and medical care. Some of these for as little as 20 years of work. These can be paid for 40 to 50 years. In theory tax payers can be paying 4 employees when only one is working. We are increasing disability retirements at record pace with a low threshhole and a big assist from legal community. Our poor, unemployed or under employed add to these cost. We have segments of our society making millions without working or working very little. Private sector pensions are part of this but are disappearing very quickly. Private sector employment is also shrinking quickly with exception of service and medical sectors. You could argue the medical community really doesn't add to the country's wealth but really redistributes it and makes the problems worse by keeping us who are in the above mentioned collecting benefits longer. We are very much like Detroit and Greece only we have a money machine that is allowed to produce dollars at the expense of future generations. The debate over republicans and democrats just gives us cover to ignore what we are doing.
Eloquent post and pretty much sums up our predicament.

Historically speaking, this type of situation has never worked out well for nations in the past. When adjustments come, and they are inevitable, they come pretty quickly and can get pretty ugly.

I feel so, so sorry and bad for our kids and grandkids. We have all let them down in so many ways.