Guest Post by Bill Bonner
SAN MARTIN, ARGENTINA – As we pointed out last week, the C-virus seems to have set off the feds’ tendency towards jackassery.
That is, they always want to boss people around… to find an enemy… make war… spend money… rally gullible voters behind a Great National Cause…
…and rip off the public.
From MSN:
“We’re going to need really big thoughtful policies to put together to make it so that people are optimistic again,” White House economic adviser Kevin Hassett told reporters, warning that the U.S. jobless rate would likely hit 16% or higher this month.
“We hope to be talking to the president about it … to start to come up with the top five, six ideas that we want to take up with Congress,” he added.
Joe Biden in Politico:
The former vice president said that the next round of coronavirus stimulus needs to be “a hell of a lot bigger” than last month’s $2 trillion CARES Act, that it needs to include massive aid to states and cities to prevent them from “laying off a hell of a lot of teachers and cops and firefighters,” and that the administration is already “wasting a hell of a lot of money.”
Meanwhile…
Continue reading “No Crony Left Behind!”
