The entire federal budget was about 500 billion in 1960, inflation adjusted. The current federal budget is nearly 3 trillion. Yet today, we seem to be spendin

The entire federal budget was about 500 billion in 1960, inflation adjusted. The current federal budget is nearly 3 trillion. Yet today, we seem to be spending less money building infrastructure investments that create economic booms and more money to pay people to sit around. Perhaps he's arguing that we should be spending less on entitlement programs (handouts) and more on infrastructure investments like high-speed internet.