Barrack: U.S. Public Doesn't Want to Reduce Entitlements

The transcript discusses the significant threat entitlement spending poses to the American economy, accounting for 67% of the budget. It highlights the lack of focus on entitlement reform in Trump's economic plan, despite its importance. The public's reluctance to reduce entitlements is noted, as well as the political challenges of reform. The discussion also touches on supply-side economics and its potential to increase GDP over time, emphasizing the need for a united effort to address both revenue and expenses.

What percentage of the budget do entitlements account for, according to the text?

Why do you think the American public is resistant to reducing entitlements?

How does the speaker describe the current state of the American system in relation to entitlements?

What role does the speaker believe Donald Trump should take regarding entitlement reform?

What does the speaker suggest is necessary for addressing the federal budget and entitlements?