Well, there are few penalties for not being responsible. The government ensures everyone has enough to get by - not much, but then most irresponsible people have very low expectations anyway. OTOH all you get from being responsible is an IRS agent taking more of it away.
If we keep going down this road it will be the death of the economy.
People will come to the conclusion that its time to move or stop producing.
This thought never occurs to the Liberal brain. They think the money tree will never run out.