He mentions a quote by de Tocqueville. However, some believe this is misattributed. A similar, but more elaborate quote reads as follows:
A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy.
That is exactly what is happening in Newfoundland as we speak.
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