FOUR YEARS LATER, EVERYONE LOOKS BAD. 3/4: When Politicians Panicked: The New Coronavirus, Expert Opinion, and a Tragic Lapse of Reason by John Tamny (Author), George Gilder(Foreword)
The John Batchelor Show
John Batchelor
4.5 • 2.8K Ratings
🗓️ 29 July 2024
⏱️ 11 minutes
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Summary
https://www.amazon.com/When-Politicians-Panicked-Coronavirus-Opinion/dp/1642938378/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=&sr=
When Politicians Panicked tells the tragic story of how, in response to a spreading virus, global politicians mindlessly pursued economic desperation, starvation, and death as the cure.
The global economy was booming as 2020 dawned, but within a few short months wreckage, death, and desperation borne of economic contraction were the new normal. What happened?
In When Politicians Panicked, economic commentator John Tamny tells the heart-wrenching story of a time when politicians were tragically relieved of basic common sense in their response to the new coronavirus.
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Transcript
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| 0:00.0 | Ah, she's brilliant. Miss, I finally got plans out the group chat. We get it. Four votes for a festival, |
| 0:06.0 | three for a city break. It's hard to adhere to everyone's needs. There's Betty with her oversized tent. |
| 0:10.7 | Sarah and her six foot eight boyfriend. |
| 0:13.1 | All right. |
| 0:14.0 | Roger Junior and his dog, Roger Senior. |
| 0:16.8 | And don't get us started on Mel. |
| 0:19.4 | But, like a marriage counselor, she's the one keeping things together. |
| 0:22.6 | All aboard Miss I finally got plans out the group chat. Keep everyone's plans alive when you |
| 0:27.1 | travel with us. P. and O'Ferees, there is another way. I'm John Bachelor. I'm John Bachelor. I'm John Bachelor. |
| 0:33.0 | I'm John Bachelor. |
| 0:40.0 | This is the new John Bachelor show on CBS Audio Network and in my conversation |
| 0:46.2 | with the author John Tamney, his new book when politicians panicked, the new coronavirus, |
| 0:52.0 | expert opinion, and a tragic lapse of reason. |
| 0:55.4 | It is now late March, early April, and Washington is engaged. |
| 1:00.5 | The 20th century called it command Economy. I don't believe that word was used in April in any negative fashion, |
| 1:09.0 | but it was the same. The economy of the United States was about to be nationalized admittedly half-heartedly |
| 1:16.6 | but the effect is still with us. |
| 1:19.2 | John, no such thing as government investment and yet that's how it was presented. |
| 1:24.4 | No such thing as government picking winners and that's how it was protected. |
| 1:28.4 | In addition, John, there's no such thing as a government choosing who's going to lose if we don't intervene. |
| 1:33.8 | That's what happened. |
| 1:34.8 | You have a wonderful quote from Adam Smith, 1776 Adam Smith, that careful Scotsman, that capital increases with parsimony, capital decreases with |
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