Kapitalism Kills, CEO Exploiters, & School Choice (40m) – Episode 294

Episode 294 has Skyler giving his commentary on the following entries to r/shitstatistssay: Alexander Finnegan writes, “Stalin and Mao never intentionally caused any famines”; @ikarlymarx writes, “the CEO of target makes 17 MILLION dollars a year, meanwhile a worker at target makes at $13/hr, that’s THEFT”; and AcceptableBother writes, “its pretty obvious that school choice is an attempt to siphon off government money to private schools with less oversight and fewer responsibilities”.

What I’m Thinking

1. Getting people to be rational about politics is an uphill battle during the best of times.  During a global hysteria, it’s hopeless. 2. Due to this doleful realization, I refrained from discussing the lockdown when it first emerged.  The best course, I deemed, was to wait for readers to simmer down. 3. Since many have now simmered down, here’s what I was thinking three months ago.

The Other Great Shutdown

Coronavirus originated in China, migration brought it here, and suddenly life is terrible.  Dogmatic libertarians can keep droning on about “liberty,” but everyone else now plainly sees that strict immigration controls could have stopped this plague – and only strict immigration controls can stop the plagues of the future. This argument sounds so right.  What could possibly be wrong with it?

If Gas Prices Jump at the Pump, Thank Trump (and Other Politicians)

“Remember $2 gas?” former House Speaker Newt Gingrich asked in 2012 as he sought the Republican Party’s presidential nomination. Politicians love to remind us of low gas prices in the past and promise their return in the future. But in early April, Reuters reports, US president Donald Trump threatened to severely curtail the US government’s military relationship with Saudi Arabia unless the Organization of the Petroleum Exporting Countries (OPEC) reduced oil output to drive prices back UP.