Our country has more social programs than it can afford now. We have more socialist tendencies than our culture should tolerate.
None are working well, most do have enough revenue to pay their benefits without general tax revenue transfers. Most will be in massive deficits in a few years, some have had 100's of billions of dollars of debt over several years.
We have granted tax exempt status to way too many organizations, Churches, Unions, Non-Governmental Organizations (NGO's) and Foundations, many of whom do little or no social good, but for laundering the monies of the rich, to exempt themselves from income and profit taxes they should be paying. Not to mention phony expenses that do nothing to accomplish the avowed purposes of their charters.
IRS needs to have cracked down on them long ago.
Now the ignorant, but well-meaning are clamoring for more Social Programs that cannot possibly be afforded from any source, National, State or local.
Stop! look at the history of Socialist Countries and large scale socialist programs. They all eventually run out of other peoples money, benefit outlays always exceed projected revenues.
They are poorly managed, constantly allowing new benefits without new revenue. And ignoring the warnings from knowledgeable Actuary's about insufficient future revenue volumes and sources.
You want benefits?
Learn to do things people might need or want.
Get a job or two. Go to work.
Learn to manage your life and your money sensibly.
Spend less than you make.
Carefully invest most of what you save.
Save some for unpredictable expenses.
Save some for known future expenses.
Spend your whole life learning new things.
None are working well, most do have enough revenue to pay their benefits without general tax revenue transfers. Most will be in massive deficits in a few years, some have had 100's of billions of dollars of debt over several years.
We have granted tax exempt status to way too many organizations, Churches, Unions, Non-Governmental Organizations (NGO's) and Foundations, many of whom do little or no social good, but for laundering the monies of the rich, to exempt themselves from income and profit taxes they should be paying. Not to mention phony expenses that do nothing to accomplish the avowed purposes of their charters.
IRS needs to have cracked down on them long ago.
Now the ignorant, but well-meaning are clamoring for more Social Programs that cannot possibly be afforded from any source, National, State or local.
Stop! look at the history of Socialist Countries and large scale socialist programs. They all eventually run out of other peoples money, benefit outlays always exceed projected revenues.
They are poorly managed, constantly allowing new benefits without new revenue. And ignoring the warnings from knowledgeable Actuary's about insufficient future revenue volumes and sources.
You want benefits?
Learn to do things people might need or want.
Get a job or two. Go to work.
Learn to manage your life and your money sensibly.
Spend less than you make.
Carefully invest most of what you save.
Save some for unpredictable expenses.
Save some for known future expenses.
Spend your whole life learning new things.
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