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Wednesday, March 10, 2010

Scotsman on the key to collapse of democracy

The unpopular partisan legislation the House may vote on within days pits financial fantasy against fiscal prudence, government redistribution of wealth and power against personal responsibility and choice.

The legislation cost estimate incredibly counts ten years of revenue against only six years of costs. The Congressional Budget Office will not even score the President's belated sketch of ideas before Congress votes on including those measures, which will impact a sixth of our economy.

The overbearing and costly legislation creates over 100 new government bureaucracies that will deeply invade the patient-physician relationship and make unilateral decisions on treatments, insurance plans and medical resources. The measure levies new insurance purchasing mandates, penalties and taxes at a time when most Americans can ill afford them.

We should heed the warning uttered two centuries ago by Scotsman Alexander Fraser Tytler: "A democracy … can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing."

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