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Archive for February 9th, 2012

The New American Dream

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Updated on February 10, 2012 with links to government assistance programs.  See if YOU qualify for other people’s money and/or how you can arrange things to qualify for selected government assistance programs

About a week ago, Mitt Romney got in trouble for this

I’m not concerned about the very poor; we have a safety net there. If it needs repair, I’ll fix it. I’m not concerned about the very rich, they’re doing just fine. I’m concerned about the very heart of the America, the 90 percent, 95 percent of Americans who right now are struggling, and I’ll continue to take that message across the nation.

Romney is rightly concerned with the middle class – those are the people who create small businesses.  Small business accounts for about 70% of the jobs in the US (read).  If you can’t help the middle class – as the first priority – then who will create the jobs to employ the poor?

The question is, “Do people who are out of work really want to work?”  If the “safety net” is too good then many people might get the idea that it’s easier to not work than to work.  People will do a calculation – Can I lower my standard of living to the point that I can live “comfortably” on the entitlement system?  It seems, that from some recent studies, the answer is increasingly, “Yes”.

We might be entering a new phase in American History when the old idea of the “American Dream” (get an education, have ambition, get a job, work hard, create wealth, own a home, have a family, make a positive contribution to society, leave a legacy) has given way to the “American Dream” as a life of dependency.

Check out these stats and articles to get an idea of what is “trending now” in the re/interpretation of the American Dream

Dependence on Government at All-Time High

The 2012 Index of Dependence on Government

Guest Blog: The Danger of A Nation of Dependents

  • One in five Americans—the highest in the nation’s history—relies on the federal government for everything from housing, health care, and food stamps to college tuition and retirement assistance. That’s more than 67.3 million Americans who receive subsidies from Washington.
  • Government dependency jumped 8.1 percent in the past year, with the most assistance going toward housing, health and welfare, and retirement.
  • The federal government spent more taxpayer dollars than ever before in 2011 to subsidize Americans. The average individual who relies on Washington could receive benefits valued at $32,748, more than the nation’s average disposable personal income ($32,446).
  • At the same time, nearly half of the U.S. population (49.5 percent) does not pay any federal income taxes.
  • In the next 25 years, more than 77 million baby boomers will retire. They will begin collecting checks from Social Security, drawing benefits from Medicare, and relying on Medicaid for long-term care.
  • As of now, 70 percent of the federal government’s budget goes to individual assistance programs, up dramatically in just the past few years. However, research shows that private, community, and charitable aid helps individuals rise from their difficulties with better success than federal government handouts. Plus, local and private aid is often more effectively distributed

A voice from serval hundred years ago… and perhaps a prediction

A democracy cannot exist as a permanent form of government.  It can only exist until the voters discover that they can vote themselves largesse [gifts] from the public treasury.  From that moment on, the majority only votes for candidates promising the most benefits from the public treasury, with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship — Alexandar Fraser Tytler (1747-1813)


See how much “free” (money from the public treasury) you can get from government programs

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Written by frrl

February 9, 2012 at 7:12 pm

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