Buchanan predicted that, by hiding the full costs, the ability to finance public spending through deficits would lead to higher spending and lower taxes at the expense of future generations, whose members were not directly represented in current voting. He predicted ever-larger deficits and debt – and ever-larger government as a result.
布坎南预测，通过隐藏全部成本，用赤字来为公共支出融资的能力将导致更高的支出和更低的税收，其代价将由子孙后代承担，他们在当前投票体系中没有直接代表。他预测，赤字和债务会越来越大，并由此导致政府越来越大。