His criticism of economics is why I hate the discipline. And the wrongful view has seeped deeply into American decisionmaking.
A lot of regulation specifically meant to improve health, is opposed on the economic theory that it’s harmful to consumers. Glenn Beck encouraged older Americans to go out and continue to work at risk to save the economy during the pandemic. The climate change discussion has been derailed by dishonest politicians and policymakers that claim the transition is too expensive, either society or individuals, while exacerbating the problem. Even now, many American politicians focus purely on reducing government expenditures, specifically social programs, rather than raising tax revenue to address the federal deficit despite the fact that the best economic times in America for consumers had high tax rates.
Finally, assuming another Trump administration is actually a threat of authoritarianism, the fact that Americans fondly remember the economy under Trump as compared to Biden’s should be inconsequential. A good authoritarian economy is worse than a bad democratic economy because having your political autonomy taken away precludes economic autonomy.
People are subservient to the economy. And it pisses me off seeing all these homeless people in my city whenever I go out, standing sadly on a street corner, with one who had a sign that read “Spread some cheese on this cracker”, while the median home listing price is $799K and the cost of living is high af.
His criticism of economics is why I hate the discipline. And the wrongful view has seeped deeply into American decisionmaking.
A lot of regulation specifically meant to improve health, is opposed on the economic theory that it’s harmful to consumers. Glenn Beck encouraged older Americans to go out and continue to work at risk to save the economy during the pandemic. The climate change discussion has been derailed by dishonest politicians and policymakers that claim the transition is too expensive, either society or individuals, while exacerbating the problem. Even now, many American politicians focus purely on reducing government expenditures, specifically social programs, rather than raising tax revenue to address the federal deficit despite the fact that the best economic times in America for consumers had high tax rates.
Finally, assuming another Trump administration is actually a threat of authoritarianism, the fact that Americans fondly remember the economy under Trump as compared to Biden’s should be inconsequential. A good authoritarian economy is worse than a bad democratic economy because having your political autonomy taken away precludes economic autonomy.
People are subservient to the economy. And it pisses me off seeing all these homeless people in my city whenever I go out, standing sadly on a street corner, with one who had a sign that read “Spread some cheese on this cracker”, while the median home listing price is $799K and the cost of living is high af.