Friday, February 5, 2021

Biden's COVID-19 relief plan: Real help is more important than bipartisanship

Biden's COVID-19 relief plan: Real help is more important than bipartisanship

The problem with the GOP is not libertarianism, it is authoritarian capitalism. This attracts its other myriad of sins (racism, sexism) to keep a governing coalition alive. The white evangelicals and traditionalist Catholics have been quite willing to join their team. 

The question is this: will the Church insist on supporting Biden's COVID plans as the price of their usual loyalty to the GOP? If not, Biden needs to 

1. rush something through, 

2. compromise at $12 per hour minimum wage, $1200 payment, CTC refundability at $300, or 

3. waste a perfectly good crisis as cases continue to decline, state revenues rebound and the economy booms on its own.

This economy has worse problems than COVID. A mortgage backed security bubble on single family rentals, along with a crypto-currency bubble are about to pop. This will be the difference between a controlled shutdown and a full fledged panic.

The American system is based on natural rights, not natural law. The most relevant Vatican II document on her is Dignitatis Humanae, not Gaudium et Spes.

No comments:

Post a Comment