> When the people find that they can vote themselves money that will herald the end of the republic.

-- Ben Franklin

In his time there was a big problem with "populist" politicians running on platforms of debt forgiveness or other welfare.

The selfish people would vote their nation into the trash if they thought it could bring them the slightest benefit.

It's effectively buying votes.
Follows by the people being exploited.

Communism didn't work centuries before it was "invented."