Should we federalize driver licenses but privatize the DMV?

And other questions about the government’s role in our daily lives in ‘Conversations We Are Not Having (Part 5 of 6)’

Key Points

What is the government doing that can be privatized or at least franchised? How much should we trust private companies with public data?
How much should we invest in regulation agencies? How far should something like the FDA go in reviewing products?
How many nuclear weapons do we need and how much funding should the military have in times of peace?