America’s entitlement spending is destroying the economy. But political economist Nicholas Eberstadt isn’t worried about that. In an article published in the Wall Street Journal August 31, Eberstadt argued that the effect entitlement spending is having on the nation’s character is far more dangerous.
He outlines a shocking increase in entitlement spending: 727 percent in the last 50 years. And that’s after adjusting for inflation and the increase in population.