Also in this playlist...
This transcript is automatically generated
And it is time for the final score short.
Final score tonight on what is wrong with the debt talks everybody talking about the debt or the deficit.
We think has obscured a much more important point in the conversation.
The massive increase in government spending over the past three years.
President Obama and the Pelosi congress increased annual government spending increases.
By over one point one trillion dollar that's more than what was spent before this is.
Led to federal spending shorting up from nineteen point 6% which is pretty average for about three decades -- be -- almost 26%.
Now most of that new spending has been a harmful expansion of the welfare state has done absolutely nothing to help America grow and prosper.
-- all -- talk about deficit reduction really avoids this major point we don't need deficit reduction we need government reduction.
That's simple and that's how the debate should be frame and that is.
Filter by section