Preview Mode Links will not work in preview mode

Edifice of Trust Podcast


Oct 8, 2021

A recent Wall Street Journal editorial (The Entitlements of U.S. Decline, October 7, 2021) remarked that the Biden Administration’s claim that higher taxes and more social welfare spending were “the path to national revival” was startling and audacious “especially when the global evidence is the opposite.” The assertion flies in the face of reason just as the President’s claim the cost of his programs is “zero” because of his tax hikes. Europe’s social welfare system has dragged down the continent’s economic growth for decades. But excessive social welfare spending can cause even greater harm than just slower economic growth. In this podcast, the Edifice of Trust host, Victor Bolles looks at the impact that cradle to grave entitlements can cause.