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Why Nations Decline

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A democracy cannot exist as a permanent form of government.  It can only exist until the voters discover that they can vote themselves largesse [gifts] from the public treasury.  From that moment on, the majority only votes for candidates promising the most benefits from the public treasury, with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship — Alexandar Fraser Tytler (1747-1913)”

Quoted by Mitt Romney in No Apology: The Case for American Greatness

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Written by frrl

April 26, 2010 at 4:02 pm

Posted in Uncategorized

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