Anthony305 Wrote:
Oct 04, 2012 1:25 PM
Government handouts, contracts and jobs, regulatory agencies, Byzantine tax codes, laws giving one group preference over another (at the public's expense), etc.; these are the politician's power base, that allows them to buy political support and punish their enemies with public funds. Politicians, in general, are not going to defund their source of power, until it self-defunds by impoverishing the tax base through over-taxation and over-regulation and destroys their ability to borrow.