Please Peace Me

We have the 1918 pandemic, the unemployment rate of the Great Depression, and the race riots of 1968, all at the same time. There’s no need to wait for hindsight to have 20/20 vision about 2020, and the year isn’t even half over!

Something that’s overlooked about John Lennon’s infamous heckling of the Smothers Brothers at the Troubadour in 1974 is that he knew Tommy Smothers. Yeah, Lennon was being a jerk, and he acknowledged it ever after, but in a way he was just being a pain in the butt to a friend.

Spend And Tax

The 2008 crash was a long time coming, but the crisis we’re in now came as an overnight delivery. So how are fiscal policy and monetary policy being applied to deal with this emergency?

Where I disagree is the defense of the 2017 tax cut as having no negative effect. When things are going good, as they were, that’s the time to pay off some debt. Stephanie Kelton almost makes it sound as though everything can be financed with debt, rather than taxes, which is a ludicrous idea.