Milton Friedman discusses the state of freedom in the United States and why he was optimistic for our future. During the course of his talk he describes a situation very much like what exists in the U.S. today, but if you listen to him you see that there is a way forward. Starting with restraint of government spending. Note that this is a different proposition than a balanced budget amendment, it is restricting the total spending, not just requiring the books be balanced.
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