"They promise you the sky.It was sung by a quartet at the 1952 national convention of the Democratic Party. If you substitute the word "political" for "Republican," you get the right idea.
They promise you the earth.
But what's a Republican promise worth?
Don't let them take it away!"
I have repeatedly returned to the theme that all welfare schemes are paid for in the present. You cannot get something for nothing. There is no such thing as a free lunch. The resources that are used to fund every government program are extracted in the present from asset owners, and then these assets are transferred to new owners. The losses are borne in the present by the people who pay taxes to the government. Their taxes are then used to finance government spending. The losses that are sustained by those from whom the money is taken are offset politically by the benefits gained by the recipients of money sent to them by the government. This transfer of wealth is inescapable. It is inescapably a cost borne in the present.