If that chart doesn't scare you, I don't know what will. Just to spell it out:
The growth of entitlement payments over the past half-century has been breathtaking. In 1960, U.S. government transfers to individuals totaled about $24 billion in current dollars, according to the Bureau of Economic Analysis. By 2010 that total was almost 100 times as large. Even after adjusting for inflation and population growth, entitlement transfers to individuals have grown 727% over the past half-century, rising at an average rate of about 4% a year.
Unsustainable. Don't every forget that when they're trying to seduce us this week with all the wonderful "investments" they tell us we still need.
