Bill O’Reilly summed up the election results yesterday:
“There are fifty percent of the voting public who want
stuff. They want things. Who is going to give them things? President Obama. He
knows it and ran on it. ... Twenty years ago, President Obama would have been
roundly defeated by an establishment candidate like Mitt Romney.”
As I wrote in my October 21 piece, the left has capitalized
on being the party of the government dependent entitlement society. This population has been mobilized to vote and
has tipped the balance of power. They are immune from the effects of a bad
economy the private sector is mired in. Why should they care if taxes are
raised?
The national debt of 16 trillion doesn’t affect them either,
future generations will be saddled with this burden. We ran out of our own money long ago and are
now spending our children’s/grandchildren’s money to afford today’s
entitlements.
Britain’s
Prime Minster Margaret Thatcher said: “The
problem with socialism is that you eventually run out of other people's money.”
America
had an opportunity yesterday to change that direction, but failed to grasp it
when an alternative for fiscal responsibility was offered by the Romney
candidacy.
Many Americans will now get what they voted for: A bigger
and more intrusive nanny state…paid for by someone else, until they run out of money.