Episode 280: The End of the Experiment in Unlimited Government
Words & Numbers
00:00
Savings and Loans - The New Normal
In the 80s and 90s, we have the savings and loan crisis. We've got to bail them out. That was under Bush the first. They bailed them out and they said, look, we're going to have to deficit spend. This is an emergency. Once you're done, you then cut back because you remember the whole peace dividend. The war on terror is cost is so far like two or three trillion something. But it's trillions of dollars. Then in 2010s, it's the housing crisis. And now we have the 2020s and we have COVID. You play your hand, you win, you lose. Government's got nothing to do with that except
Transcript
Play full episode
