government spending
8 statements across 6 episodes · 1 bullish · 5 bearish · 4 people on the record · first statement May 26, 2023 by Chamath Palihapitiya · across every show →
Everything said about government spending, oldest first
May 26, 2023 negative
Palihapitiya estimates 50 cents of every U.S. federal spending dollar is wasted
“I think the best way to think about government spending is that in every dollar there's probably 15 or 20 cents that actually does some good. There's probably 15 to 20 cents that's like on the margins break even. And then the rest of it, which is half of it is…”
Aug 2, 2024 negative
Aug 16, 2024 negative
Friedberg: Food inflation stems from government spending, not corporate price gouging
“The real cause of price inflation in food is not the supposed price gouging by corporate players in the ag and food industry, all of whom are deeply competitive with one another, but rather is the result of the inflation associated with government spending and…”
Aug 23, 2024 neutral
Aug 23, 2024 negative
Friedberg: Redistributive policies become mainstream when government spending hits 50% of GDP
“And the tipping point is when half or more of the population begins to be employed by the government, at which point that concept is lost. Because now it is the government that is the employer, not one's own individual liberties and ability to go out and be en…”
Aug 23, 2024
Friedberg: US government spending accounts for nearly half of total GDP
“So if you look at government spending, it's about half of GDP now. State, local, and federal, which roughly equates to about half of people in the United States are employed directly by government or indirectly because the government is the primary revenue sou…”
Nov 1, 2024 positive
Jan 23, 2026 negative
Brian Armstrong: Economic growth comes from deregulation and energy, not government spending
“It seems like growth does not come from government spending, right? That's like the key that this is this Keynesian economic argument that I think is basically wrong. Like growth comes from having like deregulation, having low cost energy, allow the private ma…”