
“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
Related posts:
All Eyes on Europe This Summer
Hey, kids – let’s talk about heroin!
The Source of Systemic Crisis: Risk and Moral Hazard
Bill Bonner: A Crash Course in Money (Part III)
Officer Safety Uber Alles: Christopher Dorner and the "Rickoverian Paradox"
You Might Not Read This Because It Says the World Is Getting Better
Anti-gun cities, where the rich pay for protection while the poor pay with their lives
Ruby Ridge: The Age of State Terrorism Begins
In North Korea, Black Markets Are Saving Lives
This failure rate will shock you
What Real Independence Looks Like
Sending Money Home: Technology or Bureaucracy?
How to Become the British Monarch
Labor Day 2013: How To Get and Keep a Job in a Fast-Changing Economy
Surrendering U.S. Citizenship Over New Banking Regulation?