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Randy Frederick, director of trading and derivatives at the Schwab Center for Financial Research, says that it's hard to make real progress in the area of entitlement when American society becomes more and more one where individuals don't feel that they are responsible for their own actions.
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As this graph suggests, if federal spending were to be capped at its pre-financial crisis average since the mid-1970s of 20.8percentt of GDP, five categories of spending -- Social Security, Medicare, Medicaid, Defense and Net Interest -- will steadily squeeze out all other areas of entitlement and discretionary spending.
The age of entitlement is over.
In the area of hospital care entitlements remain broad and general, although a strong reference to appropriateness criteria and the use of DRGs contribute to make benefits more explicit in this setting as well.
A sense of entitlement.
"Regard my sense of entitlement.
"Now there's a sense of entitlement.
He gets a terrible sense of entitlement".
Officials have a maddening sense of entitlement.
She exudes an overpowering whiff of entitlement.
He had a "delusional sense of entitlement".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com