"Social Expenditures Are Killing The OECD Economies"
www.thenationoftenrivers.com
Once people discover that they can vote themselves other people's money, they start voting in power politicians who promise ever more transfers of money. Because elections happen every few years, and politicians think of only the next election, soon the Welfare Expenditure spirals out of control, bankrupting the country. This is what has happened in the OECD countries, the block of the richest countries, and also that has most educated people. So education is no insurance against people bankrupting their own country to give themselves the luxury they otherwise can't afford.
"Social Expenditures Are Killing The OECD Economies"
"Social Expenditures Are Killing The OECD…
"Social Expenditures Are Killing The OECD Economies"
Once people discover that they can vote themselves other people's money, they start voting in power politicians who promise ever more transfers of money. Because elections happen every few years, and politicians think of only the next election, soon the Welfare Expenditure spirals out of control, bankrupting the country. This is what has happened in the OECD countries, the block of the richest countries, and also that has most educated people. So education is no insurance against people bankrupting their own country to give themselves the luxury they otherwise can't afford.