Posts Tagged: revolutionary war of ideas

obama fiscal cliff

The Fiscal Cliff – Setting the stage for a Revolutionary War of Ideas… If the GOP has the stomach for the fight [Reader Post]

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Two weeks ago a slight majority of Americans voted for more stuff from the government. There may have been other drivers, but that is the main one. Below is a quote whose origin is disputed, but it is particularly apropos:

A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy.