I agree with your thesis. So, where do we go from here? Is the country finished if more and more dependents are created every year?
There was a time when I thought smarter, cooler heads would prevail and we would pull back from the abyss, but no more.
I think that the election of Obama shows that we are past the tipping point and have passed the point of no return.
Politicians on both sides know that we cannot pay off the debt we now have but like dope addicts, cannot say no to the moocher crowd.
Liberals want to keep plunging ahead and republicans are too cowardly to take decisive action.
One way or another it will stop - our politicians have decided to let it end in the worst possible way.
After all - they figure they already got theirs and will survive the apocalypse.
Some even figure they will prosper from it.