Rand Paul
👤 PersonAppearances Over Time
Podcast Appearances
We're looking, is there a possibility, is there something we could do to allow this to be done in the private sector as opposed to having government take over it? And the second point that I make is what Milton Friedman used to always say. He said that nobody spends somebody else's money as wisely as their own. That's a profound statement because politicians never are very good.
We're looking, is there a possibility, is there something we could do to allow this to be done in the private sector as opposed to having government take over it? And the second point that I make is what Milton Friedman used to always say. He said that nobody spends somebody else's money as wisely as their own. That's a profound statement because politicians never are very good.
We're looking, is there a possibility, is there something we could do to allow this to be done in the private sector as opposed to having government take over it? And the second point that I make is what Milton Friedman used to always say. He said that nobody spends somebody else's money as wisely as their own. That's a profound statement because politicians never are very good.
They tend to fail at what they spend money at because they don't have the feedback loop of profit and loss. So you don't want them to be involved with most things. It's also not their money. So they spend it much more freely. And where I had to ask the young people in an audience if they would give me $1,000 for an enterprise or for a business,
They tend to fail at what they spend money at because they don't have the feedback loop of profit and loss. So you don't want them to be involved with most things. It's also not their money. So they spend it much more freely. And where I had to ask the young people in an audience if they would give me $1,000 for an enterprise or for a business,
They tend to fail at what they spend money at because they don't have the feedback loop of profit and loss. So you don't want them to be involved with most things. It's also not their money. So they spend it much more freely. And where I had to ask the young people in an audience if they would give me $1,000 for an enterprise or for a business,
they would all have to think very carefully about how many hours it took to earn that money, and they will spend it and make their choices at least much more heartfelt than a politician does. But these are all arguments for smaller government.
they would all have to think very carefully about how many hours it took to earn that money, and they will spend it and make their choices at least much more heartfelt than a politician does. But these are all arguments for smaller government.
they would all have to think very carefully about how many hours it took to earn that money, and they will spend it and make their choices at least much more heartfelt than a politician does. But these are all arguments for smaller government.
You can also make all these arguments for having a state government versus a federal government, or a local government versus a state government, because government, the smaller and closer to the people, the more efficient, And the better able they are to make wise decisions, mainly because they have to balance their budget.
You can also make all these arguments for having a state government versus a federal government, or a local government versus a state government, because government, the smaller and closer to the people, the more efficient, And the better able they are to make wise decisions, mainly because they have to balance their budget.
You can also make all these arguments for having a state government versus a federal government, or a local government versus a state government, because government, the smaller and closer to the people, the more efficient, And the better able they are to make wise decisions, mainly because they have to balance their budget.
Your county government, your city government, for the most part, they balance their budget every year. Most states have limitations. The only government without limitations is the federal government. There are some limitations, but they're enormous, $36 trillion. But because of that, the federal government makes unwise decisions at a much greater rate than any other form of government.
Your county government, your city government, for the most part, they balance their budget every year. Most states have limitations. The only government without limitations is the federal government. There are some limitations, but they're enormous, $36 trillion. But because of that, the federal government makes unwise decisions at a much greater rate than any other form of government.
Your county government, your city government, for the most part, they balance their budget every year. Most states have limitations. The only government without limitations is the federal government. There are some limitations, but they're enormous, $36 trillion. But because of that, the federal government makes unwise decisions at a much greater rate than any other form of government.
I think Donald Trump. There was a movement that I think my father was at the head of probably 2007, 2008, 2009, which became the Tea Party movement. And the Tea Party movement wasn't all Ron Paul, but Ron Paul was a part of this new wave, talking about the Constitution, talking about limited government, balanced budgets.
I think Donald Trump. There was a movement that I think my father was at the head of probably 2007, 2008, 2009, which became the Tea Party movement. And the Tea Party movement wasn't all Ron Paul, but Ron Paul was a part of this new wave, talking about the Constitution, talking about limited government, balanced budgets.
I think Donald Trump. There was a movement that I think my father was at the head of probably 2007, 2008, 2009, which became the Tea Party movement. And the Tea Party movement wasn't all Ron Paul, but Ron Paul was a part of this new wave, talking about the Constitution, talking about limited government, balanced budgets.
The Tea Party movement got even, I think, bigger than my father at some point and became this bigger movement, but it was still talking about Constitution and balanced budgets. We elected a lot of people in 2010.
The Tea Party movement got even, I think, bigger than my father at some point and became this bigger movement, but it was still talking about Constitution and balanced budgets. We elected a lot of people in 2010.