I was a Friedman guy, big time. 30 years of that experiment just hasn't proved beneficial. It's proved disastrous.
I don’t see that at all. Amazing innovation has happened in our economy in the last 30 years. We don’t seem to have any serious issues like inflation or the oil crisis in the ‘70s. 9/11 and the 2008 crash were the only real blips in the economy. And the second one was caused 100% by government intervention/social engineering in the housing market, backing unlimited bad loans, violating libertarian economics.
Our debt is bad, but it’s because of government spending. Other than those two abovementioned downturns, federal tax revenue has been rising continuously, even in adjusted dollars.
If the government monopoly and subsidizing of education was stopped, we would be doing even better, and people would be finding the right jobs for themselves easier.