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Re: Simple way to look at the National Debt!!!


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Posted by John in La on September 29, 2012 at 06:42:57 from (184.38.173.132):

In Reply to: Simple way to look at the National Debt!!! posted by JDseller on September 29, 2012 at 01:42:08:

I really do not see anyone that is willing to change where we are headed. If there was such a person willing to take on the job he would never be voted in anyway.

While the quotation has most likely been attributed to the wrong person it is still worth thinking about.

A democracy is always temporary in nature; it simply cannot exist as a permanent form of government. A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury. From that moment on, the majority always votes for the candidates who promise the most benefits from the public treasury, with the result that every democracy will finally collapse due to loose fiscal policy, which is always followed by a dictatorship.


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