News: Shocking New Data Shows How Government Is Ripping You Off!!
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 7 February 2023
⏱️ 12 minutes
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| 0:00.0 | Hello fellow Rebel capitalists, hope you're well. |
| 0:02.8 | I've been giving a lot of thought lately as to how we could reduce the size of government |
| 0:11.6 | and the percentage of government spending in relationship to GDP. And I had a conversation with Mike Green and I thought my ideas were good but my arguments were pretty weak. |
| 0:26.4 | I only had kind of a one-dimensional type of argument and when he asked me, okay, George, well, how, give me some concrete examples as to how you would reduce the size of government. |
| 0:38.0 | I was like, well, I, yeah, I didn't have some, I didn't have a very good answer, at least not one that I was happy with. |
| 0:45.0 | So what I did is I pulled up some data on some of the government spending, some specific government spending, and I'll reveal that to you in just a moment. |
| 0:56.0 | And what this data shows, I mean it's shocking, at least for me, me you will be shocked as well but it shows us that there are some |
| 1:08.3 | sacred cows like Social Security or defense something like that where, it would be very difficult to just take that down to zero. |
| 1:16.5 | But there are other areas of spending that would dramatically reduce bureaucracy, |
| 1:21.7 | it would dramatically reduce red tape, would take the shackles of the government |
| 1:26.5 | off of the free market and let it do what it does well, which is produce goods and services, create wealth, increase economic activity. |
| 1:37.4 | But then there's also some very low-lying fruit, in my opinion, in the category of the the war on whatever the government wants to have a war on to buy votes as long as that war is impossible to win and the results of how well you're doing are completely unquantifiable. |
| 1:59.0 | So once they start the war, they can just continue it indefinitely into the future and just use it to milk the taxpayer through the cantalon effect. |
| 2:07.0 | I know that's a long way of describing this category of low-lying fruit, but let me get to this recent |
| 2:15.4 | tweet and you'll see exactly what I am referring to. |
| 2:19.7 | How can we reduce government spending? |
| 2:21.7 | Let's start by eliminating the war on whatever boondoggles. |
| 2:26.1 | So we go back to Nixon and I didn't even know this was a thing. I would assume that most of you |
| 2:32.4 | watching this video right now never even knew this was a thing |
| 2:37.8 | and it's shocking that we've been fighting this |
| 2:44.1 | was no one even knows about the last 50 years. This was put into motion by Nixon |
| 2:47.1 | the war on cancer. I didn't even know there was such a thing. Well, the government has spent |
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