In this episode, we discuss Biden's speech to Congress marking 100 days in office. In this speech, Biden announces two bills that replace the Infrastructure Bill: The American Jobs Bill and the American Families Bill. These bills and the language Biden uses to try and persuade Congress to pass them show one of the main problems with modern politics. Politicians and the voters who select them do not understand economics. And because they don't understand economics, they fail to fully realize all of the hidden costs inherent in any government action. We dive into what these costs are and why understanding them fundamentally changes the way you look at and solve the myriad issues that politicians misdiagnose on a regular basis.
Music: Beauty Flow by Kevin Macleod
Photo: Mark Potterton on Unsplash
47: 1984 & The Dangers of Doublethink
46: The Appeal of Socialism
45: The Dehumanizing Nature of Partisanship
44: Conspiracy Theories & The Breakdown of Trust
43: The Coronavirus Vaccine
42: Israel & Gaza
41: The Housing Crisis
39: The Derek Chauvin Trial & How We Approach Racism
38: Foreign Policy & The Russia Sanctions
37: Derek Chauvin, Infrastructure, Border Crisis, & More
36: Equality, The American Dream, & The Power of Words
35: Gun Control
34: The Atlanta Shootings & Racism
33: Crypto Currencies & The Origins of Money
32: Energy Policy & The Texas Outage
31: Minimum Wage & The Poor
30: Loan Forgiveness & Student Debt
29: Impeachment, Marjorie Taylor Greene, Gamestop, Covid, & More
28: Big Tech & Free Speech
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