While surfing the televison channels a couple of weeks ago I found these very interesting debates on Bloomberg called Intelligence Squared Debates. This weeek I watched a very interesting debate where the question being raised was: Is government intervention in everything from economic policy to health care rewarding the “takers,” and not the “makers,” stifling innovators, entrepreneurs and business owners? Or has government done too little to support the growing poor and rapidly shrinking middle class? The motion being set forth stated that big government is stifling the American spirit.
Phil Gramm and Arthur Laffer supported the motion which stated that Big Government is stifling the American spirit while Nouriel Roubini and Laura Tyson were against the motion. The debate is about 1 hour and 45 minutes but well worth your watching it. I suggest that you grab a snack and a beverage, sit back, and enjoy watching a most interesting debate.
Here is the debate:
BIG GOVERNMENT IS STIFLING THE AMERICAN SPIRIT (IQ2US.ORG) from Intelligence Squared US on Vimeo.