Democracy Exists Until We Can Vote for Fiscal Largesse
"A democracy ... can only exist until the voters discover that they can vote themselves largess of the public treasury. From that time on the majority always votes for the candidates promising the most benefits from the public treasury, with the results that a democracy always collapses over loose fiscal policy, always followed by a dictatorship" -- Sir Alex Fraser Tytler
Labels: democracy, dictatorship, fiscal, money quotations, money quote, policy, public, treasury, tytler, vote, voters

