Friday, March 14, 2014

The Responsibility to Resist Fiscally Irresponsible Politicians | Cato Institute

The Responsibility to Resist Fiscally Irresponsible Politicians | Cato Institute: "It is important for citizens to recognize that resources are always scarce, and the function of government should be to prevent hell on earth, rather than try to establish heaven. When the state tries to do too many things, it inevitably brings excessive complexity in its actions and becomes inefficient."



"Good fiscal policy exists when the private sector grows faster than the public sector, while fiscal ruin is inevitable if government spending grows faster than the productive part of the economy."

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