Wednesday, November 7, 2012

The Reelection of Barack Obama

" A democracy cannot exist as a permanent form of government.  It can only exist until the voters discover that they can vote themselves largesse from the public treasury.  From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.  The average age of the world's greatest civilizations has been 200 years".  The author was Alexander Tytler, an 18th century Scottish historian.

I have listened to many reasons, excuses if you will, given for Romney's defeat.  The media's biased coverage; Hurricane Sandy and Chris Christie's effusive behavior;  Romney playing prevent defense with regard to Benghazi to name a few.  But I would argue that Romney lost because we are at Margaret Rouse's tipping point.  A critical point in an evolving situation that leads to Tytler's new and irreversible development.  There are now more takers than givers.  This election proves that we have passed this critical point.