A Nation of Moochers: America's Addiction to Getting Something for Nothing

Front Cover
Macmillan, Jan 17, 2012 - Business & Economics - 307 pages
Overview: Have we reached a tipping point where more Americans depend on the efforts of others than on their own? Are we becoming a nation of moochers? In A Nation of Moochers, Charles J. Sykes argues that we are already very close to that point, if we have not already crossed the line. From the corporate bailouts on Wall Street, to enormous pension, healthcare, and other entitlement costs, to questionable tax exemptions for businesses and individuals, to the alarming increases in personal default and dependency, the new moocher culture cuts across lines of class, race, and private and public sectors. A Nation of Moochers explores the shift in the American character as well as the economy. Much of the anger of the current political climate stems from the realization by millions of Americans that they are being forced to pay for the greed-driven problems of other people and corporations; increasingly, those who plan and behave sensibly are being asked to bail out the profligate. Sykes' argument is not against compassion or legitimate charity, but distinguishes between definable needs and the moocher culture, in which self-reliance and personal responsibility have given way to mass grasping after entitlements, tax breaks, benefits, bailouts, and other forms of feeding at the public trough. Persuasively argued and wryly entertaining, A Nation of Moochers is a rallying cry for Americans who are tired of playing by the rules and paying for those who don't.
 

Contents

A Nation of Moochers
9
A Moocher Checklist
20
Moochers Dilemma
32
The Joys of Dependency
49
Addicted to OPM Other Peoples Money
67
Want Need Right
74
At the Trough
91
Harvesting OPM
97
An Interactive Readers Exercise
196
No They Didnt Learn Anything
199
MiddleClass Suckers
205
The Bank ofMom and Dad
207
MiddleClass Suckers
213
Why Get a Job?
225
Mooching Off the Kids
231
Whats Fair?
243

Moochers Dilemma II
112
The Two Americas
131
Bailout Madness
155
Lessons in Moral Hazard
157
Mortgage Madness
159
Bailouts for Idiots How to Make Out Big by Screwing Up
171
WalkAway from Your Mortgage
185
An Abbreviated History ofMooching
245
Were All from Starnesville Now
249
Whats Fair?
255
Step Away from the Trough
265
Notes
271
Index
294
Copyright

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About the author (2012)

CHARLES J. SYKES is senior fellow at the Wisconsin Policy Research Institute and a talk show host at WTMJ radio in Milwaukee, Wisconsin. He has written for "The New York Times," "The Wall Street Journal," and "USA Today" and is the author of six previous books: "A Nation of Victims," "Dumbing Down Our Kids," "Profscam, "" The Hollow Men," "The End of Privacy," and "50 Rules Kids Won't Learn in School."