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History Suggests That Entitlement Era Is Winding Down

Ned6 Wrote: Jan 14, 2013 11:17 AM

Republicans will lose elections, until they re-brand themselves as the party that encourages the productive. For those that pay taxes, a booming economy will mean higher tax payments at lower rates. For those that do not pay taxes, a safety net that does not disappear means that effective tax rates never go higher than 25%, offering a path out of poverty for the productive. The primary beneficiary of a new tax code should be the productive middle class. Even the Founding Fathers were only politicians until they created a plan that turned them into statesmen.

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History Suggests That Entitlement Era Is Winding Down

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 10.

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, it was 76 years...

Related Tags: Social Security Welfare Medicare Entitlement Programs Medicaid Entitlement Attitude