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Cato Podcast

The Era of 'The Era of Big Government Is Over' Is Over

Cato Podcast

Cato Institute

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

4.5979 Ratings

🗓️ 7 May 2021

⏱️ 17 minutes

🧾️ Download transcript

Summary

As Republicans have come to love big government, Democrats have stopped pretending to care about fiscal restraint. Eric Boehm of Reason details the absence of serious fights over spending.

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Transcript

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0:00.0

This is the Cato Daily Podcast for Friday, May 7th, 2021. I'm Caleb Brown. There was a time

0:06.4

when the average Republican cared genuinely about good governance and keeping federal

0:10.6

spending under control.

0:12.7

It appears that time is long gone,

0:14.3

as conservatives have steadily turned

0:16.3

toward attempting to use big government for conservative ends.

0:19.9

Democrats have gone one better.

0:21.3

They appear to have stopped pretending to care about deficits and debt.

0:25.6

Eric Bain is a reporter at Reason.

0:27.3

His latest cover story for the magazine is about the fights over spending that aren't happening.

0:32.2

It is 2021. How complete would you say is the abandonment of fiscal

0:40.0

responsibility among Republicans.

0:43.0

It is almost complete with the exception of maybe

0:46.8

some performative antics here and there

0:49.2

as a way to prevent Democratic policy priorities from passing at times, but even during the pandemic,

0:56.0

we haven't really seen that.

0:58.0

Certainly not be an effective strategy, although it's still something that Republicans kind of reflexively grope towards for like rhetorical points.

1:06.8

But yeah, there's really there's there's very little I think right now in in and the

1:12.0

conservative caucus is of course very fractured so it's difficult to draw any like real

1:17.1

conclusions about them but I think generally you don't see conservatives right now

1:21.6

prioritizing fiscal conservatism at all.

1:25.3

You don't see much concern from at least from elected leaders in Congress about debts

...

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