Sunday, July 12, 2015

5 Mistakes That Will Lead To The Fall of America

The Fall of the Roman Empire (film)
(Photo credit: Wikipedia)
 Thousands of years after the Roman Empire fell, people are still speculating about how such a powerful empire became too feeble to defend itself. Did it become corrupt? Was its taxes too high? Was it widespread lead poisoning? The refusal to break up tribes it assimilated? Was it the loss of traditional values? Did it over-expand?

There are all sorts of theories, but nobody really knows.

However, if American falls, historians won’t have to speculate because the problems that are destroying our country are right there for anyone to see. You want to know how to break the greatest nation the world has ever seen over the course of a few short decades? Just look at what we’re actually doing because future generations will point to it when they’re trying to figure out where we went wrong.

1) Unsustainable Debt: By 2020, projections indicate that we’d need 20% of the GDP of the ENTIRE PLANET just to finance our debt, which will continue to increase at a rapid pace. Despite the fact that it would require a miracle bigger than what Joan of Arc accomplished in order for Social Security and Medicare to function for another 20 years without enormous tax increases, we just added another costly entitlement program (Obamacare) and politicians are incessantly clamoring for new spending. Simply put, that is unsustainable over the long haul and without almost revolutionary changes that are currently politically unimaginable, our country will either go bankrupt or our money will be inflated so much that we’ll need wheelbarrows full of greenbacks to buy a loaf of bread.

2) Enormous Centralized Government: The bigger the tick, the less blood there is for the dog and there is no larger collection of blood suckers on Planet Earth than our own federal government. Our government has become so massive that lawmakers don’t even read the bills they pass any more, trivial changes to regulations made by unelected bureaucrats can drive productive businesses into bankruptcy and perhaps worst of all, 49% of the public gets benefits. That has not only bled the private sector and made our economy less dynamic, it has led to massive corruption. As P.J. O’Rourke said, “When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.”

Read the rest:
5 Mistakes That Will Lead To The Fall of America - John Hawkins - Page 2

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