The budget mess: A crisis in legitimacy

posted by
April 28, 2011
Future of Freedom Foundation
by Sheldon Richman  
Posted in Commentary

"Reality has finally caught up with the ruling elite, and its members inside and outside government are in a panic. They have freely spent the taxpayers’ money for generations building a corporatist warfare-welfare state, and when that wasn’t enough to finance their projects, they borrowed just as freely. For a long while it paid off handsomely in power and wealth, but now even they realize things can’t go on as they have for so long." (04/26/11)  

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