Monday, March 1, 2021

The Political Wages of COVID

Now that the COVID deaths and hospitalizations are trending down, and Joe Biden is safely in the White House and all the misinformation is being safely "curated" and Donald Trump is reduced to saying wait until next time, what next?

A good safe pair of hands like Victor Davis Hanson says that the Bidens will enjoy a couple years of stimulus growth through 2022 but then watch out.

Maybe. But I think that we are going to see the people that were wasted by the epidemic get really angry, starting this spring and summer.

  • Whatabout all the small businessmen that lost their businesses?
  • Whatabout the ordinary people that lost their jobs?
  • Whatabout the people put on "furlough"?
  • Whatbaout the people that have not being paying their mortgages and rent and now must pay the piper?
  • Whatabout the "homeless" cast upon the waters as the Skid Row bums were nearly a century ago?
  • Whatabout the women that find out that they weren't protected after all?
  • Whatabout everybody except upper-class Gentry that are really struggling right now?

And whatabout millions of people deeply damaged that I haven't even listed here because I am too stupid to have thought about them?

Part of the problem is the foolishness of our ruling class, and its inability to think beyond the boundaries of its political world where everything is a question of division and accusation, and every solution is a question of dividing the loot and plunder among the supporters.

See, to make the economy recover after a financial crisis or an epidemic what you do is lower the costs of doing business, with lower marginal tax rates and reduction in regulation -- you know like Ronald Reagan and Donald Trump. What you do not do is hand out loot to your supporters, as FDR did in the 1930s and Barack Obama did in 2009 and Nancy Pelosi is doing now. Why? Because loot and plunder just impoverishes everyone -- yes, even the beneficiaries who learn the wrong lesson that the name of the game is to be first in line for the handouts.

I imagine that the major items in the fabled $1.9 trillion stimulus is handouts to teachers unions, Democrat-run states and localities, government employee unions, and well-connected corporations. It will be money that will not benefit Americans as a whole. Politely, this sort of governance is called "make-work." And it doesn't work. It didn't work after the Crash of 1929. It didn't work in the inflationary 1970s. It didn't work in the aftermath of the Crash of 2008. And it won't work now. Our rulers Have No Idea.

And that is saying nothing about the bigger problems, the wasteland from a century of progressive and lefty dominance and hegemony with its conceits, its crimes, its errors. Of which our gentry rulers Have No Idea.

For some time I have been blogging variously on the Left's Conceits, the Left's Crimes, the Left's Errors. But I can see that I need to boil it down into one itemized list, simply stated first as problem, and then as consequence.

Because I think that the accumulation of lefty detritus, multiplied by the COVID cock-up, is going to be the Big Thing in the next few years.

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