Okay, the title for today’s column is a bit grandiose. It implies weighty and ponderous analysis of America’s ever-growing entitlement state and potentially dour predictions about when we reach a tipping point of too much dependency.
But let’s focus on the short run, which isn’t quite so depressing. I was one of John Stossel’s guests as we looked at what happened in 2015 and gave a sober assessment of whether the United States is moving in the right direction or wrong direction.
If you don’t want to watch 30-plus minutes, here are the highlights.
I’ll start with what has me worried and/or glum.
According to the political betting markets (which I feel are more accurate than polls), Donald Trump’s chances keep increasing. I don’t feel confident, however, that he would shrink the size and scope of government if he made it to the White House. And he’s using up the oxygen of candidates who (while imperfect) seem more sincerely interested in advancing economic liberty.
I see little hope of fixing a refugee program that lures newcomers into welfare dependency (and may breed terrorism by creating a dispiriting environment of helplessness).
Speaking of which, as government gets bigger and bigger, it becomes even less competent about fulfilling legitimate responsibilities such as thwarting people who want to kill us.
Here’s what I’m happy and/or optimistic about.
People are displeased about what’s happening in Washington, and it’s healthy for there to be hostility and distrust toward government.
There’s a real opportunity for genuine entitlement reform in 2017.
American society is becoming more tolerant. As I argued on the program, I don’t care whether people approve of gays or pot smoking, but I do want to be part of a society that (unlike Iran!) doesn’t persecute or harass people for behaviors or beliefs that don’t harm others.
So some good things are happening. Though I reserve the right to be really depressed later this year.
[mybooktable book=”global-tax-revolution-the-rise-of-tax-competition-and-the-battle-to-defend-it” display=”summary” buybutton_shadowbox=”true”]
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