Episode 463 • • 3:02:00 - 3:05:08
463: Dead Hand of Bureaucracy
Dutch Prince Friso, Consumption Tax and GDP Spending
Reports on the "minimal consciousness" of Dutch Prince Friso following a skiing accident are briefly mentioned. The discussion shifts to a *Morning Joe* segment where guests proposed a consumption tax (VAT) to address the fiscal cliff. The hosts challenge the claim that government spending is only 24% of GDP, asserting the true figure is closer to 40% when all factors are included.