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Cato Podcast

The Awful Consensus in Washington

Cato Podcast

Cato Institute

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

4.5979 Ratings

🗓️ 23 March 2018

⏱️ 24 minutes

🧾️ Download transcript

Summary

What politicians agree on is more troubling than the partisan rancor, according to syndicated columnist George Will. He spoke at the Cato Institute's January Policy Perspectives in Naples, Florida.

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Transcript

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0:00.0

This is the Cater Daily Podcast for Friday, March 23rd, 2018.

0:09.1

I'm Caleb Brown.

0:10.3

The Welfare State, as practiced in the United States, according to columnist George Will,

0:14.8

means everyone just agreeing that we're not going to pay for the welfare state.

0:18.4

At the Cato Institute's Naples policy perspectives, will laid out the various prices we pay for government

0:24.9

protection, some less obvious than others.

0:28.7

Ladies and gentlemen, the temperature of American politics today is high because the stakes are very high.

0:35.5

We're arguing about the proper scope and actual competence of government.

0:39.7

We're arguing about the relative place way to stress the two great values of Western political

0:47.0

thought, freedom and equality.

0:51.0

There's a lot of talk about the discord in America, and Lord knows that's real enough, but what worries me most is a consensus.

0:58.0

It's bipartisan, it's as broad as the republic, and deep as the Grand Grand Canyon and the consensus is that we should

1:04.9

have a large ever more generous welfare state and not pay for it.

1:10.3

Everyone's agreed on that.

1:12.4

This I'm sorry to have to say, this is a decidence of our democracy.

1:17.5

We used to borrow money for the future.

1:19.8

We fought wars for the future.

1:21.6

We built roads and airports and harbors for the future.

1:25.8

Now we're borrowing from the future, from the unborn and hence unconsenting bond

1:31.8

redeemers in the future in order to finance our own current consumption

1:38.2

of government goods and services. I'll give you two data points just tell you where we are.

1:44.0

1917 on the eve of the First World War when federal spending exploded.

...

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