Tuesday, December 07, 2010

Quote of the Day: Profligacy in Government Expansion

Well, well, well ... a flash of common sense and reality?  
For years, it was assumed that a rapidly growing economy could pay for added programs. The result was the careless use of government for almost anything that made a good slogan or could support a lobby. The underlying economic assumptions were overoptimistic. Now, an aging society and uncontrolled health costs will automatically expand the size of government well beyond today's tax base. Demographics mean government will become supersized unless we trim its responsibilities.
We need a new public philosophy that acknowledges these realities.

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