Everything is done by design. If you're going to share one video today, let it be this one.
How many of you still have an automobile that is older than 2005?
Cash for Clunkers perfectly exemplifies the broken window fallacy in action. The government spent $3 billion to destroy 690,000 perfectly functional vehicles, claiming this would "stimulate" the economy by forcing people to buy new cars. What they actually did was obliterate billions of dollars worth of working capital that could have served lower-income families for years to come.
The program artificially inflated new car sales by cannibalizing future demand and destroying the used car market. Those "clunkers" weren't junk—they were reliable transportation that mechanics could have maintained, parts suppliers could have serviced, and budget-conscious buyers could have afforded. Instead, bureaucrats decided to crush them into scrap metal to create the illusion of economic activity.
This wasn't stimulus—it was capital destruction on a massive scale. Real economic growth comes from saving, investment, and the accumulation of productive assets, not from government programs that literally destroy wealth to generate temporary sales spikes. The program made cars more expensive for everyone while making transportation less accessible for those who needed it most.
Every crushed engine block represented resources that could have continued serving society productively. True prosperity emerges when we preserve and efficiently allocate capital, not when we celebrate its destruction as economic policy.
I hate AI images. We will never again see something amazing and not doubt that it's real. This will quickly lead to no one being moved by anything. No more "humans are amazing" clips, no more genuinely funny/cute animals, no more talented children. The future is fake and it sucks
Obamacare attempted to turn health insurance into a social welfare program.
For something to be insurance, you have to be able to price risk.
Obamacare made pricing risk illegal, via the community rating system. An insurer can no longer individually estimate your health needs, but instead must only set the price based on a small number of factors (e.g. age, location).
Now, if an insurer is forced to take on customers that lose them money, they have to get that money from somewhere. That somewhere is other healthy people.
This introduces another problem: now healthy people are charged more than it would make sense for them to pay for insurance.
Obamacare's solution? Require businesses of 50+ to provide "insurance" to their employees, as well as tax individuals who refuse to buy it for themselves.
Except, as described above, insurance is no longer insurance. It's just a social welfare program.
Later, Trump removed the individual mandate, making the system even more dependent on healthy people who work at mid-size companies.
Additionally, Obamacare added a bunch of required treatments and services for all "insurers" to provide. This eliminated catastrophy-style insurance plans (also known as... actual insurance).
tl;dr - Obamacare instituted a socialized health care system that forcibly transfers money from healthy to unhealthy people, pretending to be insurance reform
@VivekRammaswamy@VivekGRamaswamy Is it possible to put the entire federal government on cryptocurrency to track spending? How great would it be to get a yearly report showing how every cent of our personal tax money was spent? I bet once the American public saw that report, a lot of useless programs would die.
$750 for Americans in desperate need many of whom lost everything including family.
$250 BILLION spent in Ukraine with a population of +\- 38 million equals a bit more than $6500 per person in F$&?ing UKRAINE!!! For what?
Enough of this madness!
So far this year, the United States has given:
- $24,400,000,000 to Ukraine.
- $11,300,000,000 to Israel.
- $1,950,000,000 to Ethiopia.
- $1,600,000,000 to Jordan.
- $1,400,000,000 to Egypt.
- $1,100,000,000 to Afghanistan.
- $1,100,000,000 to Somalia.
- $1,000,000,000 to Yemen.
- $987,000,000 to Congo.
- $896,000,000 to Syria.
- $9,000 per illegal immigrant that has entered the U.S.
And Americans who have lost everything to Hurricane Helene will be getting $750, courtesy of FEMA.