Interesting thought: The political class are like bad renters

One of my brothers recently shared on Facebook a link to an interesting post: Art Laffer: The political class are like bad renters. The post starts with:

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I was at a gathering of the Show Me Institute recently. They were opening their gorgeous new headquarters set in a magnificent late 19th century West End Mansion. Art Laffer gave some remarks and he said something that I found apt: "The political class are like bad renters, not knowing if they'll be in power more than two years they spend everything at hand and then some, because to conserve it is to eventually bequeath resources on their adversaries."
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Thinking of our elected officials as bad renters pushes me to respecting them less.