meta_pixel
Tapesearch Logo
Log in
Cato Podcast

Obama's 'Elizabeth Warren Moment'

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 17 July 2012

⏱️ 7 minutes

🧾️ Download transcript

Summary


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

This is the Cato Daily Podcast for Tuesday, July 17, 2012.

0:07.0

I'm Caleb Brown.

0:08.0

When Barack Obama talks about doing things together, as he did last week in Rome,

0:12.0

in Rome, Virginia, he appears to presume that it

0:14.4

requires government institutions to leverage individual efforts.

0:18.8

That kind of vision leaves very little role for civil society. So says Aaron Powell, editor of Libertarianism.org, a project of the Cato Institute.

0:28.0

It's probably worth saying at the outset that some of what Barack Obama said in Roanoke was taken out of context and is being used to make

0:35.8

points that he himself was not really intending to make and you take actually ignoring

0:41.8

the part that was taken out of context you take on another

0:44.9

portion which is President Obama says the point is is that when we succeed we

0:49.6

succeed because of our individual initiative but also because we do things together.

0:54.0

There are some things like fighting fires we don't do on our own.

0:57.0

I mean imagine if everybody had their own fire service,

1:00.0

that would be a hard way to organize fighting fires.

1:02.8

Right, he's correct that we accomplish most good things by working together.

1:07.8

I mean, all he's describing in that first bit is division of labor and trade. We don't all do things individually. We work

1:15.4

together and we pool our resources and we specialize in what we're good at and

1:20.4

we sell that to other people or we voluntarily help each other.

1:24.4

So he's absolutely correct there.

1:26.8

He's not correct in the characterization of the fire departments though.

1:31.2

I mean if that were true, if his argument about the fire departments were true I mean if that were true if his argument about the

1:33.4

fire departments were true then everything that wasn't done by government which is

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Cato Institute, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Cato Institute and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.