In this Uncommon Knowledge throwback for #FriedmanFriday, Hoover Institution economist Milton Friedman explains why fiscal restraint is not politically feasible in Washington. As he put it: “Government will spend whatever the tax system raises plus as much more as they can get away with.” Watch the full episode with Peter Robinson at the “related video” above.
#HooverInstitution #UncommonKnowledge #MiltonFriedman #PeterRobinson #Economics #Government #Congress #Budget #CBO #BigBeautifulBill #Politics #Chicago #UChicago #Stanford #Surplus #Deficit #USA #UnitedStates #America #CondoleezzaRice #ThomasSowell #Hoover
