David Friedberg

speaker

826 appearances 1 recordings 1 series first heard Jul 2026 last heard 22 Jul

David Friedberg’s voice in public audio — every appearance, attributed to the second.

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Sourcery · David Friedberg on the Economic Crisis Nobody Wants to Fix · 22 Jul 2026 podcast

And are you a good student?

And it would have constrained how much was being loaned for education.

Instead, it was unlimited and everything broke and everything got so expensive and now people can't pay their student loan debt.

And then healthcare, same thing, federal government becomes the single payer.

When the federal government's the single payer, everyone takes advantage of them and the price of everything goes through the roof.

And then the other kind of great lie of the 20th century was to make everyone own a home and put all of their net worth in one asset.

And when you do that, then the only way to keep Americans wealthy or to keep the middle class stable is to keep the price of homes going up because that's your only asset.

So if you want your net worth to go up every year, they need to have policies that drive the price of homes up every year.

And that ultimately leads to a point in time today where young people can't afford those super expensive homes.

Back in the day, 30, 40 years ago, you got a good job, you could buy a home.

Today, because we made everyone put all of their net worth in their home, and therefore we had to keep home prices going up to keep everyone's net worth going up, people got screwed.

So these are the fundamental issues that I think, you know, the mistakes that were made over the last couple of decades that lead to this great socialist wave that's underway right now.

You know, it's been obvious for the last couple of years, spending's climbing, inflation's climbing.

And everything that the government touches gets more expensive.

And it was obvious and inevitable that we were going to come to this breaking point where the majority of young people, 45 million Americans, graduated college in the last 10 years with student loan debt, can't afford a home, can't afford health care, looking at the situation being like, what the F did you leave us with?

Sorry, I'm just rambling on.

It's all good.

Yeah.

Are the socialists in the room?

Yeah.

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