Lying is done with words and also with silence.
Adrienne Rich
Hornberger v Amash 2: The Coronavirus Stimulus
Jacob's analysis curiously doesn't include the morally hazardous aspects of government welfare, something I raised in multiple tweets against Amash in his demagogic promotion of these stimulus checks, not to mention the fact a stimulus check doesn't work as intended when you've effectively shut down most of the economy. (I do have one theoretical justification for a government check: the government's manipulation of the economy (i.e., the shutdown) does cause great damage, and the government should make us whole.)Amash's likely response is the individual checks, which is the only part of the package he supported, would cost only a fraction of the $2T. I suspect that he saw a vote against the bill as politically radioactive, and he might quote Hayek to support a limited amount of welfare.
I think Jacob's major point (cf. next video on the Federal Reserve) is that there is no such thing as a free lunch, that the Federal Reserve is essentially monetizing the debt, (and he doesn't quite say this, but it's implied) you generally have to pay the piper for a debased currency, i.e., inflation, a de facto regressive tax.
Hornberger on the Fed Reserve
Kibbe on Alternatives to Public Education
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| Courtesy of Steve Breen via Townhall |
