Entitlements the Government Owes Me
Published annually, this is the most recent available.
The entitlement generation believes they are owed something—by parents, schools, government, employers and anyone else in authority. They have been conditioned to claim more rights than they deserve. An action seems ethical as long as they’re not caught. For college, they look to government grants and subsidies.
It’s not right; they screwed me!
The entitlement generation believes they are owed something—by life, parents, schools, government, manufacturers and so on. They are quick to complain when life events don’t go the way they want. It is their right. It is only fair (from their view). They’re called “spoiled” by the same elders who set up those expectations (collectively if not personally). They have a crab-pot attitude of disdain toward both the self-made man and those who have the good fortune of a windfall.
Some of them will look for opportunities to make the big guys pay in one way or another. Business owners have to be financially shielded from their business liabilities. Class-action suits abound. Punitive awards far overshadow compensatory damages. It is a litigious environment and everyone has to carry higher liability insurance.
It is the entitlement attitude that assumes the self-determined right to exhaust unemployment benefits before starting to look for another job. When car insurance seems too expensive, they sometimes neglect it and hope the other guy will pay for any accident. When a health care plan is unaffordable, they know that they can always depend on the emergency room of indigent hospitals for routine health care.
The entitlement attitude too easily breeds a situational ethic: “something is OK as long as I am not caught; besides, they owe it to me.” This situational ethic is too often modeled by leaders in authority, both government and religious.
Colleges and government agencies address this personal finance attitude through grants rather than through scholarships or sweepstakes drawings. The grants recognize personal need, in an effort to provide an equal opportunity for all, regardless of academic (or other) excellence or chance opportunity. The only application required is to justify and verify financial or discriminatory need.
More about personal finance attitudes
- Three Income and Money Attitudes towards Personal Finance: Wealth-Building, Chance or Entitlement?
Attitudes towards socioeconomic class vary. We often tend to think of socioeconomic class as something we are born into and that cannot be changed. Yet we all know of people who have changed their...
- Active Wealth-Building Ventures and the Self-Made Man
Traditionally, American immigrants have sought the freedom to chart their own destinies, pulling themselves up by their economic bootstraps. College scholarships for the self-made man recognize personal...
- Windfall Profits through Chance, Luck and Lotteries
In the late 20th century, it became commonplace for people to routinely spend a portion of their paycheck to buy a lottery ticket. Lottery news is displayed every day on the evening news. More money is...
- Four Money Personalities - Ways to Determine Priorities for Tight Budgets
When we prioritize spending in a way that fits our money personality, it fits what we see as important. We can actually save money and live more frugally.