Why is so wrong so feeling entitled to a good quality of life? It’s 2010, I’d like to think that we could figure out to run an efficient economy that allows people to live decent lives. There’s more important things in life than GDP growth.
Because when you are entitled it means that you don’t have to work for it.
Now…How does these entitlemnt shit really works??? Easy.
The gov’t taxes the shit out of companies and indivials that work, plus it borrows a lot from banks and other goverments to pay for the un-earned entitlements.
This creates 2 things:
(1) The only companies that can survive in such a high-tax, high-regulation enviroment are BIG companies that have Economies of Scale on their side, and have political connections (to secure monopolies and high tariffs for foreing competition).
(2) High cost of living, hard to find jobs for the common mans with an entitlement complex… which leads to protests.
“The United States is the only advanced economy in the world that does not guarantee its workers paid vacation days and paid holidays,” said John Schmitt, senior economist and co-author of the report. “Relying on businesses to voluntarily provide paid leave just hasn’t worked. It’s a national embarrassment that 28 million Americans don’t get any paid vacation or paid holidays.”
But here is the other side of the story… It is becuase the US does NOT guarantee such entitlements that allow it economy to be most advanced
You can’t have a high GDP and high taxes/high regulation. In other words… you can’t have it both ways.
The sum of the average paid vacation and paid holidays provided to U.S. workers in the private sector - 15 in total - would not meet even the minimum required by law in 19 other rich countries.
In Europe, Kings and Parliamentary Gov’ts have led its citizens to believe that the gov’t is a godly structure that has the power to provide or take everything, depending on who runs it. The US is the opposite.
So in the 1960’s those entitlements were enacted by parties looking to secure POPULAR votes. And those parties told people that they will make a more “efficient” gov’t, and therefore they wil provide the entitlements.
Moreover, those European countries are parliamentary democracies, where the Legislative and the Executive belong to the same party at any one time. So opposition can do shit. The opposition can only gain relevance once the existing party has fucked up the country’s economy so bad that people are fed up.
—>which is why there has been a surge of right wing gov’ts in Europe lately (and Zapatero’s days are counted)
Is that really something we should be proud of?