How the government's actions that are designed to help Americans have devastating unintended consequences that will soon lead to hyperinflation.

inflation.us
quantumushroomsays...

Feel free to peruse Wastebook 2010 compiled by Senator Tom Coburn (R-OK).

One of my favorites:

The Internal Revenue Service paid out $112 million in undeserved tax refunds to prisoners who filed fraudulent returns, according to the Treasury Department’s Inspector General for Tax Administration (TIGTA).

Should be required reading for anyone pushing for still-higher taxes.

handmethekeysyousays...

I almost upvoted this video after the beginning sequence.

But after the narrator's obnoxious tone, and then specifically the line, "but this government misallocation of money and resourcesalways[emphasis mine] leads to unintended consequences," I stopped watching.

Always? Now there are a few ways of interpreting this sentences. First would be that when the government misallocates money and resources, there are unintended consequences. I won't disagree with that semantically, but if that's what he's saying, does it really need to be said? When the government screws up, it screws up. The first rule of Tautology Club is the first rule of Tautology Club.

A second interpretation is that government policy always misallocates money and resources & there are always, without fail, unintended consequences. Well, now I'll disagree semantically. Saying that all policy misallocates $$ & resources is ludicrous. If the video is going to talk about the fact that in all policy, there is always some money misused, that sounds interesting and is a worthwhile, constructive criticism. But something in those ominous clouds composited behind the Capitol Building tells me this isn't going to be an objective, in-depth look at government spending.

I suppose this video is 10 minutes of cherry-picked policies that the government screwed up. I'd love to watch and get worked up about it, but now I know it would just be anti-government propaganda.

...

I decided to watch some of it since maybe it was unfair to rail on it so hard after only a minute. Things that struck me:

- Use of Uncle Sam to suggest overbearing government propaganda. Video then proceeds to lay the propaganda on heavier than a North Korean campaign to get you to trim your hair. People in the streets, in photo negative! Capitol building with dollar signs coming out it, heading right for the lens, in photo negative! How about you composite some more shots over other shots to make this all seem so overwhelming? I think there was a full 5 seconds in there without a single hit or sting. I was bored and not emotionally outraged during those 5 seconds. Please reedit to fix.

- You're going to argue against "regulations" at large? All regulation is hurting me, the consumer, the citizen? [Regulating the amount of lead in my paint ultimately costs me more money, which means I can't provide as well for my children, who are currently eating paint chips.] Strange that he doesn't name a single specific regulation. Though it's actually nice. It saves me from having to think. Now I know, regulation=bad, and I don't need to worry my pretty little head about the whys and hows of it all.

- Nor does he explain the line "We have recently seen that sometimes it's the regulator that keeps bad businesses in business." Ok, sometimes that happens...like, when? Oh, I don't actually know any examples, just sometimes it happens. I can't wait to put on a smug expression of intellectual superiority after I wow the crowd at my next cocktail party when I pull this nugget out.

- During the regulation bit, he does relate that we're paying a "regulation tax" that's priced into my health insurance, shoes, clothing [shoes aren't clothing?], food, cars, homes, and pretty much anything I buy. I hate taxes! I buy at least 3 of those things! [So what?] So...I hate regulations! Which regulations do I hate again? [Not sure.] All of them! [Did I mention this is propaganda?]

I stopped after the regulations part [can you tell I didn't like that bit?]. I have no conclusive paragraph to sum everything up. This video is terrible and offensive.

ulysses1904says...

Yeah his voice is obnoxious. And the editing and sound effects are the usual manipulative crap. The only thing missing is the mushroom cloud at the finale. Or was it there, I stopped watching before the end.

GeeSussFreeKsays...

>> ^ulysses1904:

Yeah his voice is obnoxious. And the editing and sound effects are the usual manipulative crap. The only thing missing is the mushroom cloud at the finale. Or was it there, I stopped watching before the end.


However, the message for the cars is completely true. I am not a wealthy person, so fluctuations in used car parts is a real pain for me...and it has been noticeable. Even moreso since many of the components I have needed of late have been engine related.
>> ^handmethekeysyou:

I almost upvoted this video after the beginning sequence.
But after the narrator's obnoxious tone, and then specifically the line, "but this government misallocation of money and resourcesalways[emphasis mine] leads to unintended consequences," I stopped watching.
Always? Now there are a few ways of interpreting this sentences. First would be that when the government misallocates money and resources, there are unintended consequences. I won't disagree with that semantically, but if that's what he's saying, does it really need to be said? When the government screws up, it screws up. The first rule of Tautology Club is the first rule of Tautology Club.
A second interpretation is that government policy always misallocates money and resources & there are always, without fail, unintended consequences. Well, now I'll disagree semantically. Saying that all policy misallocates $$ & resources is ludicrous. If the video is going to talk about the fact that in all policy, there is always some money misused, that sounds interesting and is a worthwhile, constructive criticism. But something in those ominous clouds composited behind the Capitol Building tells me this isn't going to be an objective, in-depth look at government spending.
I suppose this video is 10 minutes of cherry-picked policies that the government screwed up. I'd love to watch and get worked up about it, but now I know it would just be anti-government propaganda.
...
I decided to watch some of it since maybe it was unfair to rail on it so hard after only a minute. Things that struck me:
- Use of Uncle Sam to suggest overbearing government propaganda. Video then proceeds to lay the propaganda on heavier than a North Korean campaign to get you to trim your hair. People in the streets, in photo negative! Capitol building with dollar signs coming out it, heading right for the lens, in photo negative! How about you composite some more shots over other shots to make this all seem so overwhelming? I think there was a full 5 seconds in there without a single hit or sting. I was bored and not emotionally outraged during those 5 seconds. Please reedit to fix.
- You're going to argue against "regulations" at large? All regulation is hurting me, the consumer, the citizen? [Regulating the amount of lead in my paint ultimately costs me more money, which means I can't provide as well for my children, who are currently eating paint chips.] Strange that he doesn't name a single specific regulation. Though it's actually nice. It saves me from having to think. Now I know, regulation=bad, and I don't need to worry my pretty little head about the whys and hows of it all.
- Nor does he explain the line "We have recently seen that sometimes it's the regulator that keeps bad businesses in business." Ok, sometimes that happens...like, when? Oh, I don't actually know any examples, just sometimes it happens. I can't wait to put on a smug expression of intellectual superiority after I wow the crowd at my next cocktail party when I pull this nugget out.
- During the regulation bit, he does relate that we're paying a "regulation tax" that's priced into my health insurance, shoes, clothing [shoes aren't clothing?], food, cars, homes, and pretty much anything I buy. I hate taxes! I buy at least 3 of those things! [So what?] So...I hate regulations! Which regulations do I hate again? [Not sure.] All of them! [Did I mention this is propaganda?]
I stopped after the regulations part [can you tell I didn't like that bit?]. I have no conclusive paragraph to sum everything up. This video is terrible and offensive.


There are many examples of bad companies staying in power because of using the power of law to enforce their agenda. For instance, the enjoyed legal monopoly of most telco and cable companies. Or, the higher prices Americans pay for sugar because of import tariffs on sugar. And thusly making corn sugar, its unhealthier cousin, the mainstay of American diets. Or, the corn subsidy that makes corn feeding beef more economical, even though it causes ecoli to then be produced by said cattle; this all benefits fast food industries to the defiant of us all. Or minimum wage, it necessarily raises unemployment by denying low skilled workers access to market priced labor; this protects high skilled labor from ever being found wanting for lower priced labor mainly benefiting large union positions, while relegating to perpetual unemployment/illegal employment a low skilled migrant worker.

But I admit, there needed to be more examples and less dogma in the video.

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