Economists and pundits are beginning to sound alarms that the U.S. economy is perilously close to a “tipping point,” where so many voters will be on the public payroll it will be politically impossible to reign in entitlement programs.

The trillion-plus Obama stimulus program, they warn, could push the economy over the brink.

Already, 40 percent of Americans don’t pay taxes. Obama’s stimulus gives non-taxpayers up to $1,600 – money they did not pay – in the form of a tax credit.

Putting millions more workers on the entitlement roles, either through universal health insurance or the expanded SCHIP health program, will further diminish support for future free-market reforms to make the U.S., economy more competitive, conservative economists warn.

Free-market economists point to failed welfare-state experiments in England, France, and Germany, and now openly say America could be headed down the same rocky road.  Read More

Is this what we the American people wanted when voting Obama as president a Liberal Welfare State? If not would you still vote for him today?