The fact that the United States' yearly deficit spending is set to soon top $1 trillion — an amount that is itself larger than most governments' entire operating budget — might be an indicator that the federal government has gotten too large. No matter which party is in power, the federal government and its attendant spending never really ceases to grow. In school, we're taught a rose-colored tale of selfless public servants righteously chosen by solemn, considering voters to go to Washington to diligently represent their constituency's best interests. But is it true? Join James Harrigan and Antony Davies as they talk about this and more on this week's episode of Words and Numbers.
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Quick hits
Federal deficit to top $1 trillion
The DNC is broke
Foolishness of the Week
Topic of the week: The Security State and the Therapeutic State
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Antony Davies
Dr. Antony Davies is an Associate professor of Economics at Duquesne University, and co-host of the podcast, Words & Numbers.
James R. Harrigan
James R. Harrigan is a Senior Editor at the American Institute for Economic Research. He is also co-host of the Words & Numbers podcast.