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Government: Too Big to Fix? | 5 Minute Videos | PragerU

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For the past fifty years, the government has dramatically increased spending on education, healthcare, and welfare programs. But have these billions of dollars really made Americans smarter, healthier, and more prosperous? Joshua Rauh, professor of finance at Stanford and Senior Fellow at the Hoover Institution, explains why big government leads to big problems.

This video was made possible by a generous gift from The Peter & Judy Copses Foundation.

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36 Comments

  1. Once the government got in bed with the wealthy banks, created the fractional banking system and remove gold from the people, it was over. The federal government has controlled everything ever since. But it’s difficult to monitor and tax transactions in gold. Even cash. But the “value” of gold is hard to control.

  2. It's about the institution becoming bigger than the individual is designed to protect. As the system of dark corridors we have in our government's institutions. It attracts people more prompt to incompetence and more prone to corruption

  6. Government is a necessary evil.
    It should be kept at minimum viable level.
    The problem is that the people making decisions about that all benefit from making the government larger and more bloated, not from making it smaller and more efficient.

  7. The government came up with a phrase, "Too big to fail." We've bailed out businesses, even governments, (California). Did it work? Look at California today… thanks, Gavin! When will the government become Too big to fail? Aren't we past that point?!

  9. Over a Trillion a year in Defense and Blood spent and we are less safe than ever? People that speak at Prageru wont be sending their kids to war. Most Neo-Cons and Neo-Libs advocate for more war. War is good for making DOD stocks rise? But that Money is just printed money. Which is then added to the National debt and Corporations never pay that money back out of their profits. Medicaid is basically Privatized that money goes to Private insurance Company's which then raises the value of their Stocks? The video is Prue propaganda

  10. I find it interesting how this video does not even mention the elephant in the room: What about the great depression? This video begins by admiring coolidges economic policy, which contributed to the great depression in the first place, then it claims that the new deal, which helped to end the great depression , actually marked an end in economic prosperity somehow. This video is so clearly cherrypicking certain presidents economic views without mentioning if they actaully succeeded, and this is just one of the many glaring problems with this video.

  12. The US now has over 2,000 federal agencies (FBI, EPA, IRS, CIA, DOJ, DOH, etc..) with over 2.7 million employees.
    NONE of these positions are elected and they have too much UNCHECKED power. They make proxy law through policy without any citizen representation like we have in Congress where laws SHOULD be made. We should thankful for the recent Chevron decision from Supreme Court, but I fear the deep state machine is too large with too much corporate and lobby money at this point.

  15. There is a country that is showing the way. Its leader has implemented drastic cuts in the country’s bureaucracy and entitlements. There was initial grumbling, but the country’s finances are already showing a surplus after decades of deficits. The country is Argentina and the president is Javier Milei. Time for western countries to be brave and follow the example of Argentina.

  20. As long as you spend other people's money, you get virtue signalling credit even when there are negative or no effects from the spending. Witness the Great Society 60 some years later and trillion$$ spent: no measurable difference, but a lot of politicians can stand on a podium and tell you they support GS programs.

  23. The core reason government keeps growing so massively are the perverse incentives created by all these massively bureaucratic programs. All the people that work in these programs are incentivised to justify expanding their budgets EVERY YEAR. They have NO INCENTIVE to make sure that their programs affect the goals they were created for because their pay is not dependent on achieving their goals and there is NO CONSEQUENCE if they fail.

  31. This video is a perfect example of why I'm finding it harder and harder to be a Republican. Although there is nothing factually incorrect about this video, and I will concede that many of the issues it points to you are clearly aspects of the country that are being mismanaged, the flagrant omission of context during key portions, coupled with the lack of any viable alternative solutions aside from "government spending bad, gov do lees good" clearly exposes this for what it really is which is the regulation propaganda. For example it points to the new deal as a transition point where there was an increase in government spending, but there's not even mention what the country was going through at the time (The Great Depression) clearly because that was an example of how government spending and regulation was able to bolster all classes of the nation, and have an economy rebound that didn't just erode the middle class. I additionally the fact that increased spending has not produced better education results, points to failures in this department at many levels, but when there are still shortcomings in schools around things such as climate control and viable healthy lunch options, which are proven to increase outcomes, something tells me that making schools have lower budgets is not going to fix anything either. Not to mention in European countries where test scores are thriving, teachers are well paid, respected, and the roles are competitive and hard to obtain. why would we want to make a teaching class that is already dwindling due to burn out and decreased ability to make a living wage, and and give them last access to less resources, does everybody want to homeschool? Or do we just not care about the quality of the educators that we attract? I am all for freedom of speech, fostering small businesses, and promote family values, and I do not feel adequately represented by the other side, but I just don't see how this can be perceived as anything but promoting rhetoric that only serve the wealthy, which comesat the expense of everyone else

  33. It only took 5 Minutes to give me Facts and not Emotions regarding something that affects all Americans Federal 💰Spending, Government Welfare💸programs that Rob from anyone paying taxes and give to those that do not, and let me not forget Healthcare, that's dwindling away faster than a 401K.

  34. A VAT is coming, folks. It is the only way to raise enough money to pay for all this government spending, never mind the debt. It will start small, with a promise never to grow. Fast forward a generation and you will be paying a 25% tax on a haircut, just like in Denmark. Mark my words.