Cause people are stupid.
All we Americans can do is collect our own nest egg.
The govt will not take care of your children's education (pub school system is horrible), health care, or retirement needs. You're on your own there. But, those working in govt today will have a nice retirement plan. Bush, for instance, just bought a 100,000 acre patch of land in Paraguay to retire to, once 911 comes out and he ain't too popular here. He's no dummy. He knows America is going to be in some shitty shape down the road.