EP42: Fmr Gov. Mark Sanford on Debt, Deficits, and Donald Trump

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Consumer Choice Radio, hosted by Yaël Ossowski (@YaelOss) & David Clement (@ClementLiberty).

INTERVIEW: Mark Sanford (@MarkSanford) – Executive Director of Americans for Debt and Deficit Reduction, Former Governor of South Carolina, Former U.S. Rep. (SC-1).

TOPICS

00:00 – Intro

01:09 – Life after politics, reflections

2:00 – The founding of Americans for Debt and Deficit Reduction

3:31 – Running for President in 2020 to push reduce the debt

3:50 – The Consequences of Debt: History from Weimar Germany and Beyond

07:16 – Trump, the GOP, and Why Deficits Didn’t Matter For Them

09:48 – The importance of federalism and term limits for politicians

10:40 – Rejecting the Obama stimulus package of $800 million

11:49 – Diffused costs and concentrated benefits of bailouts

12:00 – The state debts and the coming state bailout will be ruinous

Broadcast on The Big Talker 106.7 WFBT FM on October 24, 2020.

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