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November 12, 2012

The Full Story of the Corrupting Impact of Government Dependency in Just 3-1/2 Minutes (Video)

Topics: Political News and commentaries

In "A Nation of Takers," author Nicholas Eberstadt of the American Enterprise Institute draws on an impressive array of data to detail the exponential growth in America's entitlement spending, which today accounts for a full two-thirds of the federal budget. Eberstadt shows in unflinching detail how this runaway spending is having a very real, long-lasting, negative impact on the character of our citizens.

For those with only 3 1/2 minutes of their time to spare, here's a sort of 'Dr. Seuss goes to Greece' version. It's probably best suited for Obama voters, given their inability and unwillingness to seek and absorb genuine truth, knowledge, and reality.

For the more astute among us (i.e., non-Obama voters) that have a willingness to know the truth, Dan Mitchell has put together a video series on the need for entitlement reform and another one on the economics of government spending. The videos are straightforward and easy to understand, but are intended for people that wish to know more than what Barack Obama and his lap-dog media want them to know about the reality of what government dependency and Obama's nanny state agenda are doing to our nation.

As Dan Mitchell explains, America's fiscal crisis is actually a spending crisis, and that spending crisis is driven by entitlements. More specifically, the vast majority of the problem is the result of Medicaid, Medicare, and Social Security, programs that are poorly designed and unsustainable. America needs to fix these programs ... or eventually become another Greece. Fortunately, all of the problems can be solved, as these three videos demonstrate.

The first video explains how to fix Medicaid:

This video shows how to fix Social Security.

As Mitchell goes on to point out, the Chairman of the House Budget Committee actually put together a plan that addresses the two biggest problems (Medicare and Medicaid) and the House of Representatives actually adopted the proposal.

The Senate didn't act, of course, and Obama would veto any good legislation anyhow, so I don't want to be crazy optimistic. Depending on how things play out politically in the next six years, I'll say there's actually a 20 percent chance to save America.
Related: It's the welfare state, stupid

Posted by Hyscience at November 12, 2012 10:52 AM

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