Government spending is out of control! And it seems it will never stop. As Ronald Reagan once said, "[A] government bureau is the nearest thing to eternal life we'll ever see on this earth!" We couldn't agree more, but it's much worse now than he could have imagined. And we talk about it on this podcast.
Adam Andrzejewski (ANGIE-EFF-SKI) is the Chief Executive Officer and Founder of OpenTheBooks.com, the world's largest private database of government spending. Adam is an entrepreneur. Before founding OpenTheBooks, he co-founded HomePages Directories, a $20-million publishing company.
Government debt is out of control. Did you know that the United States was on track to pay off the national debt back in 2000-2001? You'll be surprised to find out from Adam just how bad it is. The federal debt alone is about $27 trillion. Congressional spending on Coronavirus relief is huge. But it's much worse than that. The effects of massive spending at the federal, state, and local levels is astounding. We talk about the overwhelming effect of government spending on all of us and ask if there is any way out of it.
Adam Andrzejewski from OpenTheBooks.com on Against Nice