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The Problem With Welfare States

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    FBN’s Stuart Varney sounds off on the impact of welfare programs.

  • Duration 1:23
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Once you've got a government program you could never get rid of it.

I think it was Ronald Reagan who said that a generation ago on oh it is oh so true today so it is my take.

On the unstoppable gravy train.

Just look at you.

For decades they've been loading up the welfare state -- want to give away after a novel it's driven them to ruin.

But they just voted to ignore reality and keep the -- is flowing.

Its financial lunacy.

President Obama is staking his reelection on precisely the same policies he's hoping we have no stomach the reigning in the entitlement state media.

It is an interesting and crucial question will we elect Toledo who keeps the government money flowing.

Can you get elected if you cut back food stamps.

Bailouts college subsidies cash welfare Brett heat mortgage assistance -- all the other vital programs.

Now I am an optimist about America I think we will stick to our history and insist that Al government puts its financial house in order.

I also think -- -- Europe is about to meet reality head on.

They can't keep spending because nobody will lend -- the money.

There in another debt crunch right now -- no matter what -- to say they just can't have the goodies they demand.

The same date with destiny will happen here too if we don't give -- course now what --