CSPAN2 Key Capitol Hill Hearings April 2, 2014
For giving stuff away to their constituents . Well, lets, lets go back to the very beginning. You know the classic conundrum here is diffuse benefits and the possibility of concentrated losses and of course the reverse it is easy to confer concentrated benefits which will then be defended ardently by their recipients and, what we had in 86 was a very, everything i say is provisional with gene sterling in the room but it is but politically speaking there was a there was a broad and i think pretty passionate group within the Republican Party that leased that the key to sustained, vigorous Econom...
Source: archive.org
