07-09-2018, 12:48 AM
(07-08-2018, 09:30 PM)m732 Wrote: Why not cut spending?
Politicians like bribing various interest groups to vote for them. Doing the right thing could cost somebody an election and so they won't risk that until a crisis occurs that they can not paper over with Fed money printing.
Democracy is the theory that the common people know what they want, and deserve to get it good and hard. -- H.L. Mencken
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises
If one rejects laissez faire on account of man's fallibility and moral weakness, one must for the same reason also reject every kind of government action. -- Ludwig von Mises