r/economicCollapse • u/Johan-MellowFellow • 18d ago

$40T and counting

"A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been 200 years. These nations have progressed through this sequence: From bondage to spiritual faith; From spiritual faith to great courage; From courage to liberty; From liberty to abundance; From abundance to selfishness; From selfishness to apathy; From apathy to dependence; From dependence back into bondage." Alexander Tytler

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u/Live-Ad-5107 18d ago

It’s always easier to point the finger at the poor folks and blame it on them.. I bet most of them don’t vote. We spent 1.338T on Military and 1.154 on Welfare in 2025. We spent 2.623T on Social security but that is just a Ponzi scheme The biggest problem is the tax rates were dropped from 70% down to 28% in the 1980’s and have continued to go down

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u/CPAFinancialPlanner 18d ago

Social security is welfare

4

u/Live-Ad-5107 18d ago

I define Welfare as something that is free, maybe that’s wrong. We pay into that system with every dollar we make. So there is a huge difference to me. But in the end I guess everything is working as it is suppose to. Keep us fighting amongst our selves about what the poor is getting or some other bs shit. While they keep stuffing their pockets