Senile Joe Plays Santa Claus
March 7, 2021
In Senile Joe’s latest painful attempt to read something off of a teleprompter his controllers had him brag about how good it is that the government will be taking money out of your left pocket, keeping a hefty portion for itself, putting the rest in your right pocket, and then leaving you with MORE money overall. Or to put it another way, as Bob Higgs once said, like taking a bucket of water from the deep end of a swimming pool and dumping it into the shallow end, and then proclaiming that the average depth of the pool has increased.
They call it “COVID stimulus” but it is really the broken window fallacy all over again, business as usual in D.C.
Dr. Thomas DiLorenzo [send him mail] is a former professor of economics at Loyola University Maryland and a longtime member of the senior faculty of the Mises Institute. He is the author or co-author of eighteen books including The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton's Curse; Organized Crime: The Unvarnished Truth About Government; The Problem with Socialism; and The Politically-Incorrect Guide to Economics.
Abbott's Lies Are As Big As Texas