Handouts goosed inflation and other comments

Libertarian: Handout’s Goosed Inflation

Four Federal Reserve economists cite DC’s pandemic-related spending to explain why US inflation has been much worse than other nations’ since early 2021. reports Eric Böhm from Reason. Uncle Sam’s Fiscal Support Measures. . . may have contributed to this divergence,” the economists write. Few other nations would have issued cash directly to citizens like America did, Boehm notes. And “the big hit” came in 2021 when Team Biden “pushed through a round of $1,400 checks” as part of America’s bailout plan, including for people who weren’t even poor. “All that money is now chasing the same number of goods. This is a recipe for inflation straight out of any economics textbook.”

Smuggling Strike: Stop Ignoring Fentanyl Deaths

“When I think of America’s wide-open southern border with Mexico and the utter lawlessness that such chaos represents — a record two million illegal immigrants pouring in last year and thousands more every day — I think of politics.” John Kass writes at John Kass News. “More than 100,000 Americans died from drug overdoses last year, most of them young, most victims of fentanyl and other synthetic opioids smuggled across the southern border.” Here’s how it works: “China makes fentanyl. Banks and the Mexican drug cartels are making fortunes pushing the synthetic opioid across our wide-open southern border, using “frontier workers as mules.” And “American young people are dying without much reaction from the American political class or the media that protects that class.”

From left: The US border belongs to the world

“The southern border of the United States is not only shared with Mexico — it is shared with the entire world.” observes Jesse Hardman of the Los Angeles Times. “During my work at the border, I have met migrants from Afghanistan, Syria, China, Eritrea and many other countries.” If there is “trouble anywhere in the world, the residents of this region will soon arrive at the US-Mexico border . People fleeing human rights abuses, poverty and war say they see the US as a place where they can find work and are relatively safe.” Indeed, in the four months before Russia invaded, US Customs and Border Protection to Ukraine arrested “about 6,400 Russians and more than 1,000 Ukrainians”. People are traveling “across the world through deadly terrain and in horrific conditions to a frontier that they are unlikely to be legally allowed to cross” – “because it is their last hope”.

Social Media Monitoring: Cheer Musk’s Twitter Purchase

Elon Musk’s move to “buy $2.64 billion worth of Twitter stock” and become the largest single shareholder appears “to be grounded in his libertarian values ​​around free speech.” argues Joe Concha at The Hill. And in this area, “freedom of expression is the whole ball game” – especially since “social media, including Twitter in particular, are not only dismissed . . . but censored” Hunter Biden’s laptop story. Twitter contributors worry that “Musk could harm company culture,” but that culture “has voluntarily embraced censorship while eschewing due process,” so “if Musk poses a threat to it, it’s a good thing.” Two-thirds of Americans” say [social media’s] had an overwhelmingly negative impact” on the country, and “a big aspect” of that “is the attack on freedom of expression.”

Neocon: Brainless Beantown Bigotry

The New York Times’ Bret Stephens strikes the Boston Athletic Association’s move to ban Russian and Belarusian residents from this year’s Boston Marathon. The BAA declined to say “what responsibility the banned athletes have for their government’s policies” and “whether exceptions would be made for runners who have made public statements denouncing the invasion of Ukraine.” However, we know that “not all Russians and Belarusians support their leaders – a point the BAA should recognize and not ignore.” And: “Reducing citizens of a state to an identity with the policies of their government is . . . a gift for people like Putin.” “Americans should believe in openness, competition and fair play. . . . It would be nice if the BAA celebrated those ideals.”

— Compiled by The Post Editorial Board

https://nypost.com/2022/04/11/handouts-goosed-inflation-and-other-commentary/ Handouts goosed inflation and other comments


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