Tuesday, April 26, 2011

A Republic If We Can Keep It

"..... the crucial question becomes whether people like Progressive government’s endeavors enough to pay for them
 
If we don’t, if it becomes democratically impossible either to raise the taxes necessary to fund the government’s operations, or to reduce the scope of its activities to a level that can be accommodated by the taxes the people are willing to pay, then the Progressive project collapses. 

 The people will no longer mediate the disparity between what they demand from government and what they surrender to it.  Instead, decisive power over governance will pass to the lenders who keep public-sector operations afloat.   

Such a result would be a financial debacle."
[An Ohio Farmer]

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