Ms. Weiss I'm a long time listener and I love your show, but the need to "break our addiction to cheap stuff" has a certain "let them eat cake" ring to it.
Many people who've done quite well in this country will undoubtedly have no problem breaking their "addictions" to cheap stuff, but many students here are eating food and using school …
Ms. Weiss I'm a long time listener and I love your show, but the need to "break our addiction to cheap stuff" has a certain "let them eat cake" ring to it.
Many people who've done quite well in this country will undoubtedly have no problem breaking their "addictions" to cheap stuff, but many students here are eating food and using school supplies purchased by teachers on the teachers' dime from Walmart on a daily basis.
The working poor are not "addicted" to cheap stuff. Rather, they're dependent on it, and increasingly so in an inflationary environment. Lack of access to the Chinese market is going to hurt low-income people the most.
This is a problem of the inability to educate our children in a way that allows them discover and fall in love with learning. At a very basic level, school should be allowing every child to explore enough to spark their interest to do more and become more. Our education system tries soooo hard right now to squeeze in all the details, and I believe that teachers are god sends and should be paid lots more! The teachers are currently bound by the system and that is binding our society. I believe the children of this time should be taught quantum physics from day one. In stead of being stuck in the cog and the machine that is our system, they should be released from mental enslavement and be taught that they can indeed create their realities.
I can't speak to any of those issues but I'm sympathetic to what you're saying from the general perspective that any decrease in supply will lead to increases in prices.
It doesn't matter if it's caused by regulation, taxation, "protective" tariffs, or the so-called "hidden tax" of inflation: price increases disproportionately affect low-income people, and then ivy-leaguers complain about wealth inequality!
I would've thought a supposed libertarian like Peter Thiel might've pushed back a little there, but it's probably been a long time since he set foot in a Walmart...
Ms. Weiss I'm a long time listener and I love your show, but the need to "break our addiction to cheap stuff" has a certain "let them eat cake" ring to it.
Many people who've done quite well in this country will undoubtedly have no problem breaking their "addictions" to cheap stuff, but many students here are eating food and using school supplies purchased by teachers on the teachers' dime from Walmart on a daily basis.
The working poor are not "addicted" to cheap stuff. Rather, they're dependent on it, and increasingly so in an inflationary environment. Lack of access to the Chinese market is going to hurt low-income people the most.
This is a problem of the inability to educate our children in a way that allows them discover and fall in love with learning. At a very basic level, school should be allowing every child to explore enough to spark their interest to do more and become more. Our education system tries soooo hard right now to squeeze in all the details, and I believe that teachers are god sends and should be paid lots more! The teachers are currently bound by the system and that is binding our society. I believe the children of this time should be taught quantum physics from day one. In stead of being stuck in the cog and the machine that is our system, they should be released from mental enslavement and be taught that they can indeed create their realities.
I can't speak to any of those issues but I'm sympathetic to what you're saying from the general perspective that any decrease in supply will lead to increases in prices.
It doesn't matter if it's caused by regulation, taxation, "protective" tariffs, or the so-called "hidden tax" of inflation: price increases disproportionately affect low-income people, and then ivy-leaguers complain about wealth inequality!
I would've thought a supposed libertarian like Peter Thiel might've pushed back a little there, but it's probably been a long time since he set foot in a Walmart...