Margaret Thatcher was correct: Socialism works until you run out of other people’s money. Put another way, it works until the untethered desire and ability of government bureaucrats to waste copious amounts of money finally runs into a brick wall. In other words, they run out of money.
A complete catastrophe! It’s a disaster for the socialist politicians themselves as well because it means that they no longer have the money to buy votes through extravagant welfare programs. Not to mention those who have become accustomed to receiving government benefits or to being employed in government jobs.
This is where New Jersey has now found itself. To add to the embarrassment, this is a state recently governed by a Republican, Chris Christie. Clearly, he failed to follow sound economic policies and contributed to this mess. This does not let the Democrats off the hook at all. But Christie was either unable or unwilling to stop the uncontrolled spending.
With the state against the wall, now comes the reckoning. It is not going to be pretty. It is going to be described and outlined on page two.
I gave former governor Christie a couple of blasts for being a Republican who could not fix the state’s financial problems. I believe in holding Republicans responsible for implementing conservative policies. If I’ve been too hard on him, just delete those couple of sentences.
Margaret Thatcher was correct: Socialism works until you run out of other people’s money. Put another way, it works until the untethered desire and ability of government bureaucrats to waste copious amounts of money finally runs into a brick wall. In other words, they run out of money.
This is a catastrophe for them, not to mention those who have become accustomed to receiving government benefits or to being employed in government jobs. It’s a catastrophe for the politicians because it means that they no longer have the money to buy votes through extravagant welfare programs.
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Seems a bit odd to start like this. Who is ‘them’? What is that quote from?
That quote is from me. I was stating what Thatcher said as I recall it. The rest of that paragraph contains my words. My idea was to start the article by launching an attack on socialism using the words of Thatcher — someone every good conservative should know of and who is a voice of authority of in conservative circles. “Them” and “they” are the government bureaucrats for whom the running out of money is a disaster as it makes it difficult to buy votes with socialist programs.
Sorry if that did not come off clearly!!! I thought I had launched a broadside against socialism with the help of the “Iron Lady,” but apparently I was too obscure. Will employ a more direct approach in the future.
Ok, I just took that original paragraph our of quotes and changed the beginning of the second.
Great! Thanks, Jake. My idea was to launch a salvo against socialism using the words of one of the world’s best know opponents of socialism, Thatcher. I could have used Reagan or others, but I am really fond of the succinctness and power of Thatcher’s attack. If it didn’t come off originally as well as it might, it would be my fault, not Lady Thatcher’s.
He’s not really a Republican. It makes no sense for the R behind his name.
Clearly you fail to realize that NJ is really run by the Senate, and a governor can only do what the Senate allows him to do. To.blame Christie when NJ has been run by democrats for decades is outright moronic.
Joe is correct