1 in 2 Americans Dependent on Federal Government
Apr 16, 2007 05:21 PM EST
As reported today in the Christian Science Monitor, a study prepared by economist Gary Shilling has found that 1 in 2 Americans now receive income from federal government programs, an increase from from 1 in 4 in 1950. It is apparant that entitlements like Social Security and government healthcare programs are largely the source of this increased dependency on the government. The budgetary reality of these increases must be confronted.
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"Healthcare and Social Security are the big programs poised for growth, thanks to the arc of the baby-boom generation, longer lifespans, and rising medical costs. Insurance-style programs also include farm subsidies and efforts to relieve poverty."
"You do have the yearning for cradle-to-grave paternalism, but as Americans you also have the carry-over of the frontier spirit" of individual opportunity, says Shilling. "That's the trade-off that will define the scope of government," he says.
"European nations have shown that advanced economies can maintain generous social-welfare programs, but...these nations pay a price of more tepid growth. Sweden...has in recent years dropped off the global Top 10 list for per-capita output. Ireland, by contrast, has kept the government burden low and enjoyed rapid economic growth."
John Campbell
Congressman John Campbell was first elected to Congress in December of 2005. He brings with him to Washington a quarter century of experience in the business world and a record of accomplishment in both chambers of the California Legislature.
Congressman John Campbell represents California’s 48th Congressional District which encompasses Newport Beach, Irvine, Tustin, Lake Forest, Laguna Beach, Laguna Hills, Laguna Woods, Laguna Niguel, Aliso Viejo, Dana Point and parts of San Juan Capistrano and Santa Ana.
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