Political Quotes

Walter Bagehot: “America is now working in heavy fetters, and it would probably be better for her to lighten those fetters even though a…”

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America is now working in heavy fetters, and it would probably be better for her to lighten those fetters even though a generation or two should have to pay rather higher taxes.
Said by
Walter Bagehot

Editor's note · Context

Bagehot reflects on America's economic constraints and the potential benefits of reducing them, even at a cost.

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More from Walter Bagehot

But it is natural also that persons used to analyse political institutions should look at these anomalies with a little tenderness and a little interest.

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The lessons are good where its primitive assumptions hold, but may be false where those assumptions fail.

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I cannot, therefore, join in the full cry against anomalies; in my judgment it may quickly overrun the scent, and so miss what we should be glad to find.

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Subject to this saving remark, however, I not only admit, but maintain, that our Constitution is full of curious oddities, which are impeding and mischievous, and ought to be struck out.

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