John Stossel: “Nothing to cut? Government spends $3.8 trillion a year!”

John Stossel

John Stossel looks back at the type of year it has been for Liberty in his piece at Real Clear Politics:

This wasn’t a great year for liberty. A few disasters that government caused:

–Obamacare. It was supposed to “bend the cost curve” downward. The central planners had lots of time to perfect their scheme. For a generation, the brightest left-wing wonks focused on health care policy. The result? Soviet-style consumer service comes to America.

–Government shutdown. The real disaster was the unnecessary panic over it. Zoos would shut down, and baby pandas would starve. The media made it sound like America might not survive even slightly limited government. They were happy to echo the politicians’ claim that there’s no wasteful or stupid spending to cut.

“The cupboard is bare,” said Rep. Nancy Pelosi, D-Calif. “There’s no more cuts to make.”

Nothing to cut? Government spends $3.8 trillion a year!

E.J. Smith - Your Survival Guy

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E.J. Smith is the Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH, where he completed course-work in Practical and Defensive Handgun, Conceal Carry Pistol, Shotguns, Precision Scope Rifle and Kidnapping Prevention. E.J. plays a Yamaha Recording Custom drum set with Zilldjian cymbals. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@youngresearch.com. Sign up here to receive all the best content from Richardcyoung.com each week.