This clip is from 1983 or so. Prof Friedman has been dead for a couple of years but his insight is amazing. Note that in 1983 Democrats were screaming about a $100B budget deficit. So what can say about a deficit that exceeds $1T??
Hulu - The Nobel Prize: Economist Milton Friedman Defends President Ronald Reagan's Economic Plan
Hulu - The Nobel Prize: Economist Milton Friedman Defends President Ronald Reagan's Economic Plan