Once upon a time, government budgets were balanced, our money was sound, the streets were safe, and taxes imposed by all levels of government took less than 10% of our income.
About this quote
- What does it mean?
- Government was once smaller, safer, and fiscally responsible compared to today.
- In plain terms
- In the past, taxes were lower, budgets balanced, and streets were safer.
- What can you take from it?
- Compare past government performance to current conditions.
Where it applies
Putting it to work
Questions to consider
- Has government grown too large?
- What lessons does history offer?
Another view
Historical comparisons often overlook complexities of different eras.
More from Harry Browne
Not only can no one predict the future, we don't understand the present - and there isn't even any certainty about the past.
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