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Triumph of the redistributionist left

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Time is on the side of the left. As politically difficult as it is now to reform of Social Security or Medicare, as the years pass it will get even more difficult. The swelling number of retirees will further strengthen the senior lobby. And as Social Security's surplus evaporates, there will be less money available with which to establish personal savings accounts.

The prescription drug benefit was another victory for the redistributionists. While it is true that the left wants even more spent on that program, Republican efforts have netted an additional $1.2 trillion being redistributed over the next 10 years.

Certain trends have been favoring the left for the past several decades. In the early 1960s, transfer payments (entitlements and welfare) constituted less than a third of the federal government's budget. Now they constitute almost 60 percent of the budget, or about $1.4 trillion per year. Measured according to this, the US government's main function now is redistribution: taking money from one segment of the population and giving it to another segment. In a few decades, transfer payments are expected to make up more than 75 percent of federal government spending.

Currently the federal government consumes about 20 percent of the GDP, which is another way of saying that about 20 percent of Americans' income, on average, is paid in taxes to the federal government. According to the Government Accountability Office, that is on course to rise to 30 percent by 2040. Most of that 30 percent would be redistributed as payments to other Americans, rather than spent on standard government services like law enforcement, transportation, defense, national parks, orspace exploration.

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