One sometimes wonders if the drive to return to a less massive state (let alone a minimal one) is worth it, given the low odds of success in the face of what someone (de Toqueville?) warned of: That democracy would last until the voters discovered they could vote themselves a bounty from the Treasury. As Jonathan Rauch adds, we have met the special interests, and they are us.
Another tactic? Hope that the private economy grows fast enough that the size of government remains relatively tolerable? Alas, that government was conceived of as a necessary evil, and thus tinkers around with the foundation of things, the money supply–potentially derailing the whole economic enterprise. There are more problems than spending. John Rutledge presents “the Fed Giveth and the Fed Taketh Away.”
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