As President Barack Obama and the federal government goes hog wild in terms of economic intervention, state and local governments are running record deficits despite massive increases in revenue over the past decade.
At the same time, many government units are moving ahead with large- and small-scale privatization programs to cut costs and improve services. During Reason Weekend, the annual event held by the nonprofit that publishes this website, Reason Foundation analysts Adrian Moore and Len Gilroy gave a detailed overview of trends in privatization and the massive benefits privatization holds for government and taxpayers alike.
Approximately 35 minutes.
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Shot by Roger M. Richards; edited by Meredith Bragg.