CONSIDERING WHAT OTHER WESTERN NATIONS DO WITH IT - HOW MUCH GOVERNMENT IS TOO MUCH?
The Hartmann Report
Thom Hartmann
4.5 • 1.3K Ratings
🗓️ 20 February 2022
⏱️ 58 minutes
🧾️ Download transcript
Summary
In the US, the government sector is around 20-22% of our economy, while in other countries, such as Denmark, it is higher. Is the US on the right side, or should the government be bigger? And how much control should a government have? Libertarian Economist & President of The Market Institute, Charles Sauer joins Thom to debate. Also, Crazy Alert! The Right Wing wants Salem Witch Trials back! A Trump cultist pastor is actually threatening to expose six women for being witches and for infiltrating into different areas of society.
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Transcript
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| 0:42.7 | This is the Tom Harbin program. |
| 0:46.0 | And greetings my friends, patriots, lovers of democracy, truth, and justice, believers, and peace freedom in the American way. |
| 0:54.2 | And so what direction is America going and is that the right direction? |
| 0:59.6 | I shared with you how Barbara Walter, who, not the journalist, but the writer wrote a book called How Civil Wars Start and or maybe How Civil Wars Happened. |
| 1:10.8 | And in her book, she was pointing out that when governments, when nations have a government sector that is large enough to provide basically a substantial social safety net |
| 1:23.9 | for their people, think basically all your European countries, Canada, Australia, New Zealand, you don't have civil wars emerge, you don't have people, you know, you don't have civil strife. |
| 1:37.2 | On the other hand, when governments have small public sectors and very large private sectors, the people basically running the country are also your oligarchs, |
| 1:49.2 | you do have revolutions and revolts and whatnot. |
| 1:52.7 | So where should that point be? How much government is too much and how much is not enough? |
| 1:59.2 | Let's check in with our old friend Charles Sauer, he's Libertarian economist and president of the Market Institute. |
| 2:04.4 | He's the author of the book Profit Motive. |
| 2:06.4 | What drives the things we do, MarketInstitute.org, at Charles Sauer, SAUER is his Twitter handle. |
| 2:13.6 | Charles, welcome back. |
| 2:15.4 | So in the United States, our government sector is, if I'm remembering right and I'm probably not, you probably know these numbers right off the top of your head, but it's in the low 20s. |
| 2:24.0 | Isn't it a 22-23% of our economy as government? Whereas in Canada, it's around 34, 35 in Denmark, it's almost 40 or a little over 40%. |
... |
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