Sunday, August 1, 2010
Great Quotes: Alexander Fraser Tytler (?)
"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."
Our politicians are now in the business of promising money to labor unions, minorities, classes, or just about anybody that will give them the votes. This past year, 40% of U.S. households supposedly received more money than they payed in federal income taxes. It appears as if this number may be growing; if it ever exceeds 50%, not only will the majority of Americans find themselves dependent on the government, but those who are actually paying for government programs will be outvoted by those who benefit from those programs. The producers will be at the mercy of the consumers and will be unable to break the hold of the politicians over the majority. At that point, do we really believe that the American populace, which will be utterly dependent on government, can retain its liberty?