The New Yorker, aimed at the Elites, is pondering the destruction of infrastructure to fight |
Those same Elites want to spend eleventy gajillion dollars on infrastructure. |
The money to pay for the infrastructure will be printed. |
I always wonder if there's some element of our over-credentialed, Ivy League class who understands how parasitical this is. My bet is that there is such a group, but left-wing censorship is so strong that we don't know they exist. Voices in the wilderness, if you will.
In any case, the New Yorker article came across to me like a great example of Keynes' suggestion that we hire some unemployed people to dig holes and others to fill those holes.
Bonus Tidbit: I saw some reds gloating about Chuck Grassley of Iowa deciding to run for reelection to the Senate. Old Chuck, or rather, Very Old Chuck, is a shoe-in to win and keep that seat red. Yay!
Chuck is 88. Yay.
1 comment:
==In any case, the New Yorker article came across to me like a great example of Keynes' suggestion that we hire some unemployed people to dig holes and others to fill those holes.==
Really?
LOL, and to think that for years I have been proposing that very scenario to illustrate how absurd and ultimately destructive-to-the-future the sum total of our welfare state policies are. Though, as I framed it, eventually we'd just "pay" both sets to merely sit at home, doing nothing to produce wealth.
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