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).
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.
Watch the clip on YouTube: https://youtu.be/Mct3-4fM9XA