Page 4 - Doesnt Create Wealth News Today

Be washington, d.c. had all this money pouring. in in washington, d.c. really what matters in a lot of cases is connections, relationships, and if you are not in that closed circle, you are not going to get access to the funds. >> sean: you would think that these people that have a monopoly on compassion, steve would just look around them in some of these neighborhoods. i have been to many of them and they are struggling and people are starving and their kids need food stamps to feed themselves....

And rome. extracted all the talent and wealth to one location. thats what you have today. >> sean: its not like they are producing products that people can buy. for example, traditional boom town, lets say its an oil town. all right. so, a lot of jobs associated. >> silicone valley. >> sean: silicone valley. gold rush if we want to go back a little further. you can literally pinpoint what they are doing. >> they are making peoples lives better. you have got cars. you have got beef in abilene, te...

Getting high on cocaine for science, and $1 million to send researchers abroad to capture, photograph, and analyze ants, $300,000 to study the effects of yoga, how about that. arthur laffer, adviser to reagan, joins me now. >> lovely to be with you, thank you. martha: we talk about the way that congress spends money and its way too easy to find examples like this and i always could tell you that for each one of those examples you could find somebody who could give you a very good argument for wh...

Latest updates on this topic.

Latest updates on this topic.

True, if you are a corporation or contributing to the revenue of the country, but theres just so much spending. it is ridiculous all the different things, 42 cents, feeds to be borrowed on every dollar. way too much money that is going out. >> stephen? >> i think you have to flat out cut, cut, cut. >> david? >> i think you have to cut, but i also think it is important to understand where tax revenues really go up. thats when we keep the money in the peoples hands who earn it. government doesnt c...

On. true, if you are a corporation or contributing to the revenue of the country, but theres just so much spending. it is ridiculous all the different things, 42 cents, feeds to be borrowed on every dollar. way too much money that is going out. >> stephen? >> i think you have to flat out cut, cut, cut. >> david? >> i think you have to cut, but i also think it is important to understand where tax revenues really go up. thats when we keep the money in the peoples hands who earn it. government does...