Exposing Hucksters, Cheats and Scam Artists

Monday, February 23rd, 2004

In Exposing Hucksters, Cheats and Scam Artists John Stossel discusses his new book and makes a few basic libertarian arguments:

But how much of this government do we need? For most of the history of America, government was less than 5 percent of GDP. America did very well then. We grew fast. We accommodated millions of immigrants. So how big should government be? Do the politicians ever ask this question? No. They just want more. But how big is government? Should it be 6 percent of the economy? 8 percent? 10 percent? What nobody realizes is that it’s approaching 40 percent now and still growing.

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