America’s Economic Crossroads: The Urgent Need for Leadership and Accountability
A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess (bestowing money to others) 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, always to be followed by a dictatorship, then a monarchy.”
