There is some logic to this. I think it was Plato who commented that a democracy was doomed once its citizens realised they could vote themselves largesse out of the treasury. Which is pretty much what is happening these days in every modern industrial democracy - government spending constantly increases and any suggestions of cutting spending are met by massive protests.

Example: in the UK media right now you will read many stories about the current government's "deep, savage cuts", and all the poor people who are suffering as a result of these cold, uncaring conservatives. But after all these cuts the UK is still running at a deficit.

Of course, Plato was an old fool who lived in the days before fiat money. Why raise taxes or cut spending when you can simply borrow more?