David Galland: The Age of Entitlement

“If you accept as truth that we now live in an Age of Entitlement—an era whose hallmarks are widespread yet ultimately unaffordable and, therefore, undeliverable promises, benefits, services, etc.—then it behooves us to fill another gourd of maté and imagine where it all leads.  Before we engage in that exercise, however, it may be worthwhile to review a few supportive data sets, tidily organized into easily grasped charts.  As it’s all but impossible to dial back the bulk of the entitlements—or, given the demographics involved, do much to retard their speedy growth—we can reasonably expect the quantitative easing to accelerate over time.”

http://www.caseyresearch.com/cdd/the-age-of-entitlement

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