When it comes to the future, an overwhelming majority of Americans have adopted a mindset that is a variation of Isiah 22:12: “Let us eat, drink and be merry for tomorrow does not matter.” Recently, federal debt surpassed the $20 Trillion mark (additional state and local debt amount to another $2.9 Trillion). That milestone was greeted by the Ruling Class and a vast preponderance of the citizenry with a yawn and a shrug of the shoulder. As the ongoing determination to promote new entitlement spending and the refusal to rein in, but instead to expand, existing programs continues unabated.
Any attempt to seriously discuss the financial fate of the nation is ignored and dismissed with the proviso that its someone else’s problem for another day down the road. In reality, this dilemma is not someone else’s problem. The average life expectancy in the United States today is 79. That means that over 225 million citizens and non-citizens in the country today will still be alive in 30 years.
And what will this nation be facing 30 years hence? Recently, the Government Accountability Office as well as a number of experts such as Price Waterhouse have projected what that scenario will be if the country remains on its present course (with no new entitlements such as single payer health care and government mandated and paid maternity leave.) Note: All dollar amounts are in 2017 Dollars.
Read more at:
http://www.americanthinker.com/articles/2017/09/the_awful_future_that_looms_for_a_majority_of_todays_americans_.html#ixzz4tE4yg6T1
