Dr Williams is very pessimistic... He agrees with Ben Franklin who said, "When the people find that they can vote themselves money, that will herald the end of the republic."

Our Nation's Future by Walter E. Williams

lewrockwell.com

Our nation is rapidly approaching a point from which there's little chance to avoid a financial collapse. The heart of our problem can be seen as a tragedy of the commons. That's a set of circumstances when something is commonly owned and individuals acting rationally in their own self-interest prod...