Good article on the continuing slide to greater bankruptcy and socialism. The election is over, some folks from the left are starting to make noises that it is time to move to a wee bit more reality based approach. We are broke, taxing the rich won't do anything to fix it, and if you are a "Progressive", you don't believe that government can spend less -- thus, sharpen up those tax knives and start going after the rest of the folks!
Surprisingly, many progressive pundits are moving away from their traditional complaint that America’s tax code is too regressive, favoring the rich. They are starting to tell us, albeit only after an election mainly contested on these issues, the truth: to fund the European-style social welfare state which they advocate, we must tax everyone more.I'd argue that we are already at the point discussed in the next paragraph -- people have been suitably brainwashed to believe that there is really no potential for anything but a european style socialist system in the "modern world". "Give us our STUFF!!".
What happens historically when benefits are bestowed without a bill also coming due is that we get hooked on them. Then, even when they become disasters not worth their cost, people are terrified to change them, as giving something up is indeed quite frightening