Statism: The modern administrative state entangles businesses in a suffocating web of regulations and laws. All of this red tape takes a toll on the economy, which in turn leads to fewer jobs being created. And fewer jobs mean fewer opportunities for those most in need of jobs.
The Collapse of the Family: The decline of marriage, especially among the poor, has devastating, long-lasting consequences on children and their prospects for success. When it comes to the American Dream, the family is not a tangential social or religious issue; it is a crucial economic one that is deeply intertwined with mobility.
The Dependency Fostered by the Welfare State: Far from eradicating poverty, the welfare state traps people in poverty by discouraging work and undermining the family.
The Erosion of our Culture of Work: By legitimizing indolence and devaluing hard work, our culture decreases the likelihood that the poor, who are most in need of sound cultural indicators, will take advantage of the opportunities America continues to offer.
The Failures of Public Education: Our failing public schools deny countless children the rudimentary skills they need to move ahead in the life.
The Looming Fiscal Crisis: Unless we change course, continued massive government spending and the surging public debt will destroy the foundations of our economy and put the American Dream beyond the reach of our children and grandchildren.
Posted on Friday, October 26, 2012 by Samuel