Incompetent government will ultimately fail at this task. To rely on the government to solve all of life's problems has become a glaring weakness of the American people. Leonard Read knew that the absence of government intrusion was responsible for the great burst of creativity that lifted our country to its exalted economic position. The Russians showed the world just how sterile and destructive to human creativity is Socialism. This is the definition of a parasite.
Socialism takes and redistributes wealth, but it is utterly incapable of creating wealth.
In other words, every single social program detracts from our prosperity. He warned of this peril decades -ago. Yet he has passed from the scene and no serious collapse has ever occurred. We take larger and larger doses of financial narcotics to forestall pain. By inflation I mean diluting the means of exchange through increasing the money supply.