Abraham Lincoln

 

Excerpted from DemocracyConservator.org .

In the 1780s, Alexander Tyler, a University of Edinburgh professor, stated that democracy was a transitory form of government - “[[Democracy]] can only exist until voters discover that they can vote themselves money from the public treasury. From that moment on the majority always votes for the candidates promising the most money from the public treasury, with the results that a democracy always collapses over loose fiscal policy followed by a dictatorship.” (bold and italics added)