David Friedberg: Government Spending Ruins Everything it Touches

California's got tens of billions of dollars it's spent on this stupid railway that goes nowhere where there's no tracks. And they're talking about >> will to even stop that. It would be the easiest cut in the world. >> Like just think about the idiocy. Like no one is saying we shouldn't do this. Why is no one saying we shouldn't do this? A quarter trillion dollars for a train from San Francisco to Fresno that costs more than an airline ticket is so idiotic. It's like the movie don't look up. Like look up. It'll tell you everything you need to know. Across the board, these government programs cause more harm than good.

When the government intervenes in underwriting student loans and gives everyone a loan, administrative costs went up by 6x and tuition skyrocketed 8% a year compounding for 30 years because the government said we'll underwrite any student loan. The same with housing and now no young people can afford a house. The same with health care where they said we'll pay people to stay home and not work to take care of people and we won't check on whether or not they're actually taking care of people and the cost of health care skyrocketed. You go across every one of these government programs and every one of them has the adverse effect

of driving up costs and inflating everything. And the core root of inflation in this country, the core root of it, is government spending. And the reason we are going to end up becoming a socialist country is because we aren't reining in the government's spending and looking at it in the mirror and saying, "Guys, this is idiotic. What are we doing?"