It's an open secret that America's entitlement state is in disarray, and that the United States faces a crushing debt, thanks to programs such as Social Security, Medicare and Medicaid. But according to Don Watkins, ARI fellow, that's not the biggest problem with entitlements.
In this talk, you will discover the unknown history of life in America before the entitlement state, and discover the surprising reason why the United States went from a limited government to an entitlement nation. In the process, you will find out why all of the usual solutions to our entitlement crisis cannot work — and what kind of solution can work. (Recorded February 21, 2012.)