California Imploding Just Like Greece
Lady Thatcher’s axiom regarding Socialism has come to California. They have “run out of other people’s money” at least in the sense that tax revenues…
Lady Thatcher
Good Bye Welfare States and Government as We Know It
In one of her most quoted lines, Margaret Thatcher observed: The trouble with Socialism is, sooner or later you run out of other people’s money.…
Stop Spending, Stupid
The Welfare State grows and grows and grows until it “runs out of other people’s money.” Then it collapses. To understand what is happening around…