Thomas Massey
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Appearances Over Time
Podcast Appearances
Why is fuel so expensive?
Why did things get so expensive so quickly?
And it started back during COVID.
We just, we put spending into overdrive.
We used to say that we're a free market economy and we're not socialist because we spend 20% or 24% of GDP on federal government things.
And that Europe is socialist because they spend 30% or more.
Well, during COVID, we jumped up to like 35%.
We were clearly, if there's a spectrum and you draw a line on it and say above this much federal spending is socialism and below this is not, we crossed that line for several years after COVID.
And it has gone down some without the big stimulus spending, but the stuff that's baked in has stayed high.
So we're like probably at 29%.
We've gone bonkers on federal spending.
And I will tell you this.
This is a fact.
The debt has gone up $2.7 trillion since in the 16 months that we've controlled the White House, the House, and the Senate.
It's gone up?
It's gone up.
So, by the way, in some years, I find it interesting.
They try to blame the president for spending money.
Even when, let's say, the party, you know, there's a different party in Congress and a different party in the White House.
They always blame the president for the spending.