August 14, 2011

SOME WILL SEE THIS AS AN OPPORTUNITY: 1/2 Say Spending Cuts Will Lead To Violence. From the comments: “The half saying there will be violence is probably the same half that has their hand out.”

The threat of such violence is used by bureaucrats and various representatives of the looter/moocher classes to extract payments, of course. But it doesn’t matter. Something that can’t go on forever, won’t, and current expenditures can’t go on forever, so they won’t. If that leads to violence, then there will be violence. But I don’t believe that violence in a broke country with limited financial options and limited political patience will receive the same payoff as violence in a rich country with lots of options and extensive patience.

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