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History suggests that
era of entitlements
is nearly over

Washington Examiner [DC], by Michael Barone

Original Article

Posted By:Dreadnought, 1/13/2013 11:25:19 AM

It´s often good fun and sometimes revealing to divide American history into distinct periods of uniform length. In working on my forthcoming book on American migrations, internal and immigrant, it occurred to me that you could do this using the American-sounding interval of 76 years, just a few years more than the biblical lifespan of three score and ten. It was 76 years from Washington´s First Inaugural in 1789 to Lincoln´s Second Inaugural in 1865. It was 76 years from the surrender at Appomattox Courthouse in 1865 to the attack at Pearl Harbor in 1941. Going backward

      


Post Reply  

Reply 1 - Posted by: LudicrousSextus, 1/13/2013 11:41:30 AM     (No. 9114131)

The last line of that article is the most thought provoking - ´The current 76-year period is nearing its end. What will come next?´

Frighteningly - it may well be government overthrow of the governed. They don´t react well at all to massive policy failures - in fact ´doubling down´ on those is what´s gotten us to the current state.

There´s a good bit of difference between aiding the indigent and putting them in a profitable publicly financed state of perpetual fringe-paid-for-voter status.

Look for more lunacy out of government as job security - and desperate attempts to continue it´s ´growth´ eat the rest of us alive.

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Reply 2 - Posted by: oh-heck, 1/13/2013 11:42:39 AM     (No. 9114132)

The sad thing is that the European Union was headed for collapse and the death of the Welfare State. In 4 years, President Obama has caused the US to leap frog and put us into competition with Greece.

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Reply 3 - Posted by: Kendet1946, 1/13/2013 11:46:53 AM     (No. 9114141)

If Greece is an example; we´ll have riots everywhere before the "gimmies" give up their "entitlements"

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Reply 4 - Posted by: Coy860, 1/13/2013 11:48:47 AM     (No. 9114143)

#1. OR vice-versa.
Patriots did it once, they can do it again.

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Reply 5 - Posted by: ole buzzard, 1/13/2013 11:54:39 AM     (No. 9114154)

We will soon have the irresistible force coming up against the immovable object. Something has to give, and I fear that it is going to be violent and ugly.

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Reply 6 - Posted by: kar120c, 1/13/2013 12:11:48 PM     (No. 9114188)

The irresistible force coming up against the immovable object, indeed.

As I see it, the strength of the force or of the object - but not both - will turn out to be not what we thought they were.

And the solution will go forth from there.

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Reply 7 - Posted by: WAN2, 1/13/2013 12:24:31 PM     (No. 9114218)

Sectioning out history is not a magical predictor of the future.

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Reply 8 - Posted by: Mass Minority, 1/13/2013 12:41:12 PM     (No. 9114246)

The problem with historical events and seismic social shifts is that they remain almost invisible to those who are forced to live through them. Even the most intelligent and wise among us can rarely see beyond our own small world of experience.

History is rife with events that have echoed throughout the ages based on seemingly small events. Events which cascaded into national and then worldwide significance.

Rosa Parks was hardly the first Black to refuse to give up her seat, but for some reason she was the one who started the avalanche. Predictions of mans iminent demise at the hands of his own technology was a staple of B movies throughout the fifties, but it was a small literally speaking forgetable book, Silent Spring, that ended up with the EPA and ultimately the economy crushing eco terrorists of today.

In 1960 Nixon conceded Illinois despite knowing that a corrupt Chicago machine had stolen the state. His rationale was that an election fraud fight would irreparable damage the country. But if he had fought and won, Kennedy would not have become a matyr, Vietnal would probably not have escalated, Johnson would still be a two bit Texas Hack and the welfare state would never have gained such a deep foothold.

Small events, invisible to the populace drive history, not seismic public conflagrations or self annointed messiahs.

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Reply 9 - Posted by: chicodon, 1/13/2013 12:50:34 PM     (No. 9114270)

We will muddle along until a leader emerges.

I wouldn´t be surprised to see a mass migration of tax paying citizens from blue states to red states. This could set up a showdown as blue states rely on these taxpayers to fund their governments.

As a result, more federal mandates will be placed on red states and they will begin to refuse.

At that point my crystal ball dims. I´m tempted to say lock and load.

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Reply 10 - Posted by: craige, 1/13/2013 1:18:12 PM     (No. 9114330)

The numbers say we will be Greece by 2030, or sooner. Best case: 17 years from now. I believe they will be Carter Years.

´Retirement´ will mean working fewer hours, but still working. Better make sure you have marketable skills...

As Ferfal says, there may be a collapse, there may be riots. But you still have to go to WORK.

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Reply 11 - Posted by: Bpl40, 1/13/2013 1:53:30 PM     (No. 9114380)

If Zippy nominates another SCOTUS justice we are going to see the end of the Constitutional era that started in1789.

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Reply 12 - Posted by: oh-heck, 1/13/2013 2:10:17 PM     (No. 9114398)

The sad thing is that the European Union was headed for collapse and the death of the Welfare State. In 4 years, President Obama has caused the US to leap frog and put our debt to GDP ratio right up there with Greece.

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Reply 13 - Posted by: dvc, 1/13/2013 3:24:08 PM     (No. 9114490)

The next phase: "The Greece-ing of America".

Peaceful or not? I pray it will be peaceful, but fear that it will not.

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Reply 14 - Posted by: Spidey, 1/13/2013 3:49:36 PM     (No. 9114515)

Due to Obamacare,increasing demands from government unions and the disgust with the education system,I think you´re going to see a lot of migration in the next few years to cheaper,low tax,right to work states.

I don´t think the Obamacare geniuses were prepared to have to set up federal exchanges in 30+ states. It´ll takes years before they can do that.The blue states signing up will get short term medicaid money from the feds which will be wiped out by deadbeat healthcare freakos moving there.

One bad part is Dodd/Frank could stop banks from bankrolling a business to move to another state.So,they´re going to have to come up self financing mechanisms.

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Reply 15 - Posted by: nonsense, 1/13/2013 5:20:59 PM     (No. 9114615)

I can only hope that Michael Barone is right. I am so weary of the "takers" spending every dollar that the "makers" deposit in the Treasury.

Although it appears as if the new Treasury Secretary, Lew, will never allow Entitlement Reform, so that is a serious problem for reform.

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Reply 16 - Posted by: shamus, 1/13/2013 6:11:49 PM     (No. 9114662)

Financial markets will disintegrate unless action is taken to prop up fraying social welfare programs. This makes the attitudes of the liberals incomprehensible, as they appear to be rooting for the destruction of their entitlement state.

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Reply 17 - Posted by: kelty, 1/13/2013 6:26:05 PM     (No. 9114673)

Entitlements have acted as the palliative for decades, the morphine drip of a sick economy. Take them away and the patient will wake up in severe pain with no hope of a decent life and will become very, very angry.

Somehow you just know the government class will still have their ´entitlements´, so I´d say the best case scenario is revolution, the worst case is full on dystopia.



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Reply 18 - Posted by: ColonialAmerican1623, 1/13/2013 9:39:44 PM     (No. 9114848)

I am not as worried about SS and Medicare eating US alive as I am the first grifters and those working for the gov using OPM as they please and bleeding us dry.

When I think of entitlements, I think of gov waste and perks for immigrants.

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Reply 19 - Posted by: Trust No One, 1/13/2013 10:30:19 PM     (No. 9114886)

#18. The political elites consider SS and Medicare as ´entitlements´.

Unfortunately, they comprised the largest percent of the budget. Soooo, something will HAVE to be done about them. I think all current retires should be prepared to be ´downsized´ along with our children and grandchildren.

Oh yeah, I´m a current retiree so I´m quite aware of the that may come. Not sure I´m ´prepared´ for it, but aware.

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Reply 20 - Posted by: King of all trolls, 1/13/2013 10:54:53 PM     (No. 9114911)

We are do for another economic crash. We have no savings. We have no more monetary tools at our disposal as we are already printing money out of thin air to prop up a negative interest rate. We are already running record budget deficits. Commodities are already at 100 year highs when adjusted for inflation. There is no breathing room in this economy. The next wave that hits the ship could well sink her. And, the US economy averages a recession every 4 to 5 years. Last one was in 2008. Despite the greatest efforts of the Nations most esteemed alchemists, we have yet to recover from the 2008 shock. Trouble in Europe is still brewing and by all objective measures, the situation is deteriorating. Unable to afford the luxury of printing money out of thin air to create a fantasy economy like we have in the US, Europe has had to be honest with its creditors and cut spending. This has eroded economic activity, as expressed by record high unemployment numbers, record budget shortfalls due to lack of taxable income, and violence on the streets.

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Reply 21 - Posted by: King of all trolls, 1/13/2013 11:03:00 PM     (No. 9114913)

As baby boomers head for retirement and the SS & Medicare rolls, we have a new entitlement program, Obamacare, gearing up. Where will the money come from if another recession hits? Will we just print even more money out of thin air and expect (hope) inflation remains at bay? Is hope an economic policy? Well what kind of hope have we left future generations of Americans set to inherit a bankrupt nation with a fantasy economy created by the alchemists at the Federal Reserve? 14 trillion in debt. 56 trillion in future debt commitments. No wonder we´d all just as rather put our head in the sand. Maybe the next crash will never come.

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