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To: Alberta's Child
My take from a few days ago:

You don’t need $2k or $600, so the part time waitress who was never eligible for unemployment shouldn’t get it either.

Why not give the part time waitress, or every American and illegal immigrant for that matter, $20,000 or $600,000? That's absurd, you would say, it would bust the budget. You would be right, we are now $27 trillion in acknowledged debt and, unfortunately, not counting.

President Trump made the classic mistake of Republicans and conservatives, that is, to try to outflank the left on the left. It never works. Nancy Pelosi simply doubled down and said, "okay, we will gladly shell out $2000 per person." Now Trump is reduced to arguing about Pakistan while denying the waitress her money. Game, set and match.

This madness to do the opposite of what is required is grounded on the misconception that we do not live in a time of scarcity. We simply do not have the money to give the poor waitress $2000 or even $600. We certainly don't have the money to pay for women's studies in Pakistan. Yet we do, why?

Because we have no apprehension that we are living in a time of scarcity. We simply print all the money we want and if were going to do that why not print enough to give the waitress $20,000?

For the very short time being we are capable of printing all the money we want because the United States is uniquely situated as the world's dominant military power, the world's reserve currency, the world's greatest economy-all three of these unique distinctions are likely soon to evaporate and leave us the world's greatest debtor. At that point we are likely to disintegrate from within.

The issue is not whether McCarthy is being prudent or stupid in his remarks, call McCarthy smart if you consider our national priorities but call him stupid if you consider the potential consequences on the Georgia election. Take your pick.

But do not react simply because President Trump has come down on one side or another of this issue. His profligacy will be one of the blackest marks on his otherwise brilliant presidency. Donald Trump's theory on taking office in 2017 was to get the economy back on track along with the military and worry about the budget later assuming that growing the economy would compensate for profligate spending needed to bolster the military and maintain public support of his administration.

The Democrats just stole the election and put stop to that plan. We will now have unrestrained public spending on bizarre left-wing objectives. We will continue oblivious to our real condition of scarcity until we sail over the cliff.

The proper solution for the current state of affairs with this virus is to rely on the vaccine and open up the economy. Again the Democrats, operating through their governors, frustrate this sensible approach and compel Republicans on the one hand, like McCarthy, to say "me less" and Republican Donald Trump on the other hand to say, "me more" stimulus giveaway. But we can't outflank Nancy Pelosi on the left.

Do you want to win the Georgia election or do you want to have a whole new Republican Party?


24 posted on 12/27/2020 6:48:49 AM PST by nathanbedford (attack, repeat, attack! Bull Halsey)
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To: nathanbedford
I think you have the wrong idea about this whole thing. You're taking the $20,000/$600,000 absurdity and making gross generalizations about it.

His profligacy will be one of the blackest marks on his otherwise brilliant presidency.

This must be a joke. "Profligacy" was Donald Trump's defining characteristic long before he even ran for office. His whole campaign was basically this: Profligacy for Americans, not the rest of the world. I still remember his recurring campaign theme when it came to health care: "You'll have better health care, and it will cost less!"

Some of us recognized the idiocy of that, but voted for him anyway. Telling people they can have great health care that doesn't cost much is like telling them they can live in Trump Tower for $250/month.

What you're forgetting is that the core of Trump's appeal was that the GOP had spend 20+ years exposing themselves as a bunch of frauds. From massive spending bills to new Medicare entitlements to stupid endless wars in Third World sh!t-holes all over the planet -- all of which happened when the Republican Party controlled Congress and the White House -- nobody had any reason to believe them anymore when they called for fiscal responsibility in Washington. And nobody believed their pro-life credentials anymore, either -- since Planned Parenthood never lost a dime in Federal funding when the GOP had total control in Washington.

40 posted on 12/27/2020 8:32:02 AM PST by Alberta's Child ("There's somebody new and he sure ain't no rodeo man.")
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