Hi this is Tutor Nick P and this is Quotes 125.  We have another one by
Thomas Jefferson today. All right. So let's
take a look at the quote.  "Most bad
government has grown out of too much
government. " Okay. Let's continue. Clearly
from this quote you can tell Thomas
Jefferson was not a fan of big
government or socialism. After a while it
becomes like an addiction for
politicians to offer more and more
entitlements to the people. Yeah. You know
they want to get elected and you know
when you offer goodies and you offer a
lot of extra things for free,   people
might go along.  A lot of times they want to vote for
you but eventually somebody's got to pay
for that. So from cradle to grave we
often use that phrase. From cradle to
grave,  cradle means like birth to grave
until you die. So sooner or later they
get around to more entitlements and more
entitlements. In order to get elected it
gets harder and harder to pull back. So
once you've gone too far, it's really
hard to pull back. People get used to it. 
Pull back the social programs and
government grows bigger and bigger and
bigger and bigger.
Okay.  The places where big government
and socialism have gotten out of control
are the places that hard-working, the
hard-working citizens get sucked dry
through ever-increasing taxes. So the taxes
ever-increasing taxes until they cannot
bear it anymore. And eventually it ends
up hurting the economy. You can think of
countries like Venezuela.  Of course is a
great example or Argentina or you know
countries in South Africa you know or in
Africa,  like Zimbabwe and other ones
where it's really really obvious. Where
it's gotten way out of control and
eventually the the government
practically collapses, Venezuelan people
are starving to death. They may, they may
give them some entitlements but you know
because the government can't afford them
anymore,
there's food shortages. 
You know until it gets out of control to a point
where you can't handle it. 
So we say,  you've seen this happen over
and over again. When government gets too
big,  it leads to bad government. Yeah. Even today, even in
Western countries even in Europe too
many countries are way in debt.
Sometimes this hurts the currency. 
Sometimes it devalues the currency or or
you get inflation,  goes up because they
printed it too much money and your buying
power goes down. So even if you're,  even
if them your pay didn't go down,  the
prices go up so you can buy less. So
generally speaking this is what ends up
happening. So this is why Thomas
Jefferson says that most bad
government has grown out of too much
government. At least from his point of
view,  he believes smaller government is
the best. Okay.  I hope it's clear. I hope
you got it. Thank you for your time. Bye-bye.
