I'm John Bachelorette, this is the new John Bachelorette show on CBS Audio Network and

John Tamning, his new book when politicians panicked.

The new coronavirus, expert opinion, and a tragic lapse of reason.

John, two examples you provide about the payroll protection program and the grants to businesses.

Made well friends, the Distinguished Private School in Washington with an endowment, I think

more than $50 million received $5.2 million from the government programs, the combination

of them.

The John Burrow School of St. Louis received another Distinguished Private School, received

$2.55 million.

There are many examples of excesses, people who applied, but the payroll protection program

did it work John, does government have an opinion of it today?

Because as we know, they continue to vote more and more money to be handed out to their

idea of who needs it.

If something worked because maybe it saved a few businesses, sure, perhaps, but that's

not a worthy way of looking at it because we always have to ask what businesses died,

what businesses never got funding, because government was just indiscriminately propping

up anything that had an effective strategy for going online and asking for P.P. money

and working through a bank that was well tied to the government and was able to get that

money out to them.

Again, we'll never know what would have been otherwise and it would have been much better

because rather than government as the allocator indiscriminately propping up private schools,

propping up Harvard, propping up the Los Angeles Lakers, we would have had a

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