#MrMarket: The automated Federal entitlement spending of tomorrow. Veronique deRugy, Mercatus Center.
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 10 February 2023
⏱️ 12 minutes
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1918 Armistice on Wall Street
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#MrMarket: The automated Federal entitlement spending of tomorrow. Veronique deRugy, Mercatus Center.
https://www.creators.com/read/veronique-de-rugy/02/23/heres-why-spending-fights-are-getting-more-frequent
Transcript
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| 0:35.4 | This is CBS I on the world. I'm John Bachelors, the state of the union message, President Biden |
| 0:40.8 | emphasizing spending is his plan for recovering from the pandemic. The spending past the inflation |
| 0:49.0 | reduction act, the spending future as the president said to finish the job. I welcome |
| 0:54.9 | Baranique Puergeri of the Mercatus Center to comment on the president's intention to spend |
| 1:00.0 | more on the spending that's already in train. And also the president's remarks about social |
| 1:06.2 | security and Medicare and castigating the Republicans for any fashion thinking about either |
| 1:13.6 | trimming or reducing the amount of money that goes into Medicare and Medicaid and Social |
| 1:20.0 | Security as compared to the other parts of the budget that have fancy things like the |
| 1:26.4 | defense budget. Baranique, I'm very good even to you. First, the spending. The president |
| 1:31.4 | looks comfortable with the spending he's done and means to do spending much more in |
| 1:36.7 | future if the Republicans cooperate or if he's successful on convincing the people to |
| 1:42.9 | re-elect him in 2024 and has a Democratic Congress again. |
| 1:47.8 | What does the spending mean to us right now? Is it connected to the recovery? Is it connected |
| 1:53.2 | to the inflation? Good evening, Baranique. |
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