It was just a couple days ago I wrote about Gavin Newsollini's lack of knowledge about economics. Well, that was then, this is now, and nothing has changed but the date:
Whatever billions California Governor Gavin Newsom hands out to voters right before Election Day he’ll take back — with interest — almost as soon as he’s won his four more years running one of the nation’s worst-run state.
Just as voters are getting their mail-in ballots — and even a few (!) non-voters — Newsom is sending out inflation relief checks of up to $1,050. That’s nearly enough to fill ‘er up twice.
“Relieving” inflation with free money is like treating a headache with a ball-peen hammer...
Newsom is handing out “free” funny money while inflation is raging, and then he’s going to raise taxes on gas, income, and who knows what else during what looks to be a nasty recession.
This guy is going to end up making Joe Biden look like King Solomon.
And there’s a non-zero chance that Newsom will be our next president.
There is a famous quote, various attributed to many different people but not appearing in print before the 1950s, along the lines of "A republic can only exist until voters realize they can vote themselves money from the public treasury." I wonder how close we are to that point.
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