Ronald Reagan's Devastating Critique of the Left's Addiction Entitlements (+video)

Photo Credit: APNext Monday, October 27 marks the 50th anniversary of Ronald Reagan’s iconic “Time For Choosing” speech. It was a speech that sparked the modern Conservative Movement, ignited a fire in the hearts of conservatives, and launched Ronald Reagan’s public policy career.

This week as part of a year-long “Time for Choosing: The Next Generation” initiative, Young America’s Foundation is releasing a series of videos in conjunction with the anniversary of this significant speech. The second video focuses on entitlements.

In his 1964 speech, Reagan warned, “37 cents of every dollar earned was the tax collector’s share, and the government spent 17 million dollars a day more than the government takes in.” Think of how outraged he would be today with our current economy. The Obama administration has racked up a national debt that now exceeds 17 trillion dollars, and more than 50 percent of Americans receive some type of government assistance.

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