Replies

We won’t be back up by Easter because the underlying condition will not allow it. The people are choosing their safety over their livelihood, and they will continue to do so until they can longer put food on the table or take care of other basic needs. That has been staved off for a little while - a month or two - by this printed money package. That will only probably work once because by the time a second is needed, the supply chain for basic necessities will likely have collapsed. Eventually, safety will be overcome by more basic needs...but it isn’t now.

You can thank your lucky stars that Massie is widely seen as a ridiculous fool by Republican voters and his own colleagues...because if his way held and the nation survived until November, you’d have Democrat president, 60-some Democrat senators and somewhere close to 400 Democrat House members.

All three of you gentlemen suffer from two fallacies: 1) the fallacy that the public health threat of the virus requires the destruction of the economy 2) the false choice that we must not only accept the deal with all its snares cut secretly by a very few individuals of dubious conservative credentials, but we must pull our forelocks and kowtow to that instrument of our undoing or face political as well as economic destruction.

The establishment Republican party chose economic destruction in the long term for short-term political survival. As Churchill (and representative Massie) might have said, we are likely to get both economic and political destruction.

The statute is not really an economic solution but a political salve. It is both bad politics and bad economics. Short-term, the politics look good. Long term the course is virtually unalterable because the statute will be virtually impossible to repeal. If this were a legitimate short-term economic fix it would contain a sunset clause but it does not and that should tell you gentlemen everything.

Listen!… Do you hear the last hurrahs mindlessly cheering the death of free markets and free men?