Budget Fights Past and Present
Cato Podcast
Cato Institute
4.5 • 979 Ratings
🗓️ 19 July 2011
⏱️ 9 minutes
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| 0:00.0 | This is the Cato Daily Podcast for Tuesday, July 19th, 2011. |
| 0:05.0 | I'm Caleb Brown. |
| 0:07.0 | There are parallels between the budget fight of 1995 and today, |
| 0:12.0 | with one big exception, everything they argued about in 1995, is much |
| 0:17.0 | worse now. John Samples, director of the Cato Institute's Center for Representative Government |
| 0:22.0 | and author of the book, The Struggle to Limit |
| 0:24.0 | Government, discusses the parallels. |
| 0:26.3 | It's only been 20 years and you're sort of reluctant to draw parallels and think that history repeats itself that quickly. |
| 0:34.4 | But generally the American welfare state is in the big picture has been in crisis now since |
| 0:40.3 | the 1970s really. |
| 0:42.2 | So this is another part of that law sort of a 30 40 year |
| 0:46.2 | historical period so maybe there is something going on the same kinds of |
| 0:51.8 | issues and people and actions may come in a kind of cycle. |
| 0:57.0 | The similarities to 1995 are very striking. You have a young inexperienced first term president who has a tremendously bad first midterm. Bill Clinton lost control of the House, so did Barack Obama. And then |
| 1:19.0 | you have a surprising Republican majority, particularly in the House, driving policy, driving |
| 1:27.0 | the national agenda. |
| 1:28.8 | That's what happened in 1994. |
| 1:32.3 | And what it struck me about now like then is that the people who were elected |
| 1:38.0 | in 1994 and in 2010 have a very strong sense of responsibility to their constituents, |
| 1:45.0 | to the issues that they were elected on, |
| 1:49.0 | and a sense of a mandate to do something about it, |
| 1:52.0 | so they're not here to easily be pushed aside from what |
... |
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