Tuesday, April 21, 2020

The man is right

The bottom line is that costs can be concealed but not eliminated. Moreover, if people only look at the benefits from a particular course of action, they will do just about anything, because everything has a benefit. Political hustlers and demagogues love promising benefits when the costs can easily be concealed. By the way, the best time to be wrong and persist in being wrong is when the costs of being wrong are borne by others. 

The absolute worst part of the COVID-19 pandemic, and possibly its most unrecoverable damage, is the massive power that Americans have given to their federal, state and local governments to regulate our lives in the name of protecting our health. Taking back that power should be the most urgent component of our recovery efforts. It's going to be challenging; once a politician, and his bureaucracy, gains power, he will fight tooth and nail to keep it.




1 comment:

Anonymous said...

"once a politician, and his bureaucracy, gains power, he will fight tooth and nail to keep it."
I do believe revolutionaries have found a solution to that problem.

CC