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5-Minute Videos | PragerU

Government: Too Big to Fix? | Joshua Rauh

5-Minute Videos | PragerU

PragerU

History, Education, Business, Self-improvement, Non-profit

4.86.9K Ratings

🗓️ 14 October 2024

⏱️ 6 minutes

🧾️ Download transcript

Summary

For over 50 years, the U.S. government has massively expanded spending on education, healthcare, and welfare—promising to improve American lives. But has this surge in government funding actually made Americans smarter, healthier, or more prosperous? In this PragerU 5-Minute Video, Stanford finance professor and Hoover Institution Senior Fellow Joshua Rauh breaks down why more government spending often leads to inefficiency, waste, and dependency. Discover the unintended consequences of big government and why real solutions come from freedom, accountability, and market-driven reform. This video was made possible by a generous gift from The Peter & Judy Copses Foundation. Get all our content ad-free on PragerU.com or download the PragerU app: https://l.prageru.com/45GvWlu Follow PragerU on social media: YouTube Instagram X/Twitter Facebook Rumble Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:02.4

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0:06.2

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0:11.4

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0:15.4

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0:17.8

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0:21.8

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0:23.1

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0:27.0

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0:31.6

In 1924, President Calvin Coolidge spoke to a group of business owners.

0:37.6

Unfortunately, the federal government has strayed far afield from its legitimate business, he told them.

0:43.6

It has trespassed upon fields where there should be no trespass.

0:47.9

If it was trespassed then, today it's grand larceny.

0:52.4

By 1930, government spending, at all levels, federal, state, and

0:55.9

local, was just 12% of America's economic output. By 2020, it was 45%. And it's not just spending.

1:05.5

The Federal Register, the list of all federal regulations, grew from 2,600 pages in 1936 to 90,000 in 2023.

1:14.5

Administration after administration, decade after decade, the U.S. government just keeps getting bigger.

1:20.5

Why? Proponents of bigger government say that as America's challenges grow, the only entity that can meet these challenges is the government.

1:29.6

Are they right?

1:30.9

Let's consider three major areas of spending.

1:34.0

Education, health care, and social welfare.

1:38.0

Education comprises about 14% of all government spending.

...

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