But now the federal government has become a giant deluded "Santa Claus" that distributes goodies to the American people far beyond its actual capacity to do so. In fact, we are borrowing trillions of dollars that we do not have so that our politicians can continue to buy votes with handouts. Look, we will always need a safety net. We don't want anyone in America starving to death or sleeping in the street.
However, our current system has gotten completely and totally out of control. Today, there are nearly 80 different "means-tested welfare programs" operated by the federal government. As I have written about previously, more than 100 million Americans are enrolled in those programs. Sadly, that does not even count Social Security and Medicare. Tens of millions of Americans are enrolled in each of those programs as well. Read more >>
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