The Logical Result of Republican Economic Theory 0
Jamie draws the moral from “pay and spray” so I don’t have to.
There’s more to it, though.
Under extreme Republican economic theory, if something does not profit the Wall Street bonus babies, it’s not worth doing. Republican economic theory admits no room for the concept of public actions for the benefit of the polity as a whole, because such actions are paid for by (gasp!) taxes.
’tis better to let a home burn than to raise taxes to pay for a fire department.
This is Republicanism.
