A 7-year-old contemplates the government’s $1.9 trillion gift to the American People

A bedtime scene:

  • 7-year-old: Joe Biden is going to send us money.
  • Mom: No. Joe Biden is going to take money from us and send it to other people. Our income is too high to qualify for the money that Joe Biden is sending out.
  • 7-year-old: You and Dad should stop working then, so that you can get the money instead of paying the money.

Which reminds me… what is actually in this bill? It is supposedly about $1,400 checks for most Americans (do children, retirees, and those already on welfare get checks?)? But if we divide $1.9 trillion by 308 million (Census-estimated population of 330 million minus the 22 million undocumented who presumably won’t qualify for a federal program organized by Social Security number), we get $6,169 per documented American. Plainly, the majority of this $1.9 trillion is going somewhere other than into average Americans’ pockets.

(Does it make sense to pay the same amount to a government worker who has been paid in full to stay home and work a few hours per day as it does to a self-employed Uber driver whose income has been reduced and whose job requires leaving the house and being exposed to COVID-19?)

From the New York Times:

It would inject vast amounts of federal resources into the economy, including one-time direct payments of up to $1,400 for hundreds of millions of Americans, jobless aid of $300 a week to last through the summer, money for distributing coronavirus vaccines and relief for states, cities, schools and small businesses struggling during the pandemic.

Beyond the immediate aid, the bill, titled the American Rescue Plan, is estimated to cut poverty by a third this year and would plant the seeds for what Democrats hope will become an income guarantee for children. It would potentially cut child poverty in half, through a generous expansion of tax credits for Americans with children — which Democrats hope to make permanent — increases in subsidies for child care, a broadening of eligibility under the Affordable Care Act, and an expansion of food stamps and rental assistance.

The last part sounds like a continuation of the trend discussed in When and why did it become necessary to pay Americans to have children? (2015). Going forward, the childless will be mined out even more thoroughly and made to work even longer hours to take over what would have been the costs of rearing children. I also wonder if this will make being a family court entrepreneur more lucrative relative to working. State child support formulae won’t change. Having sex with a dentist, for example, should still yield $1-2 million in Massachusetts. But the plaintiff who collects child support and works a few hours per week will now also be entitled to additional tax credits and taxpayer-funded child care. Instead of building the spending power of a dentist by having sex with three dentists, it might be possible to obtain the spending power of a dentist by having sex with two dentists (especially if income tax rates also go up; remember that child support is not taxable). Going to dental school may not look so smart anymore.

How does this spending compare to the Collapse of 2008?

Its eye-popping cost is just shy of the $2.2 trillion stimulus measure that became law last March … Even with changes, the bill remained more than than double the size of the roughly $800 billion stimulus package that Congress approved in 2009, when Mr. Biden was vice president, to counter the toll of the Great Recession.

So Americans are spending more than 4X at the federal level on coronapanic compared to what we spent cleaning up after our unwise enthusiasm for subprime mortgages.

What about the only enterprise in the U.S. that couldn’t figure out how to reopen?

$130 billion to primary and secondary schools

Rewarding public schools’ lack of effort with $130 billion will certainly not encourage them to repeat their performance during the next wave of coronavariants! (Alternatively, why not give the $130 billion to the schools that actually reopened no later than, say, September 1, 2020?)

Fair to say that this $1.9 trillion spending package will address every bumper sticker on the back of this car? (from January 2020)

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Do all of the Biden grandchildren get to come to the White House?

Canceled biologist James Watson‘s DNA discoveries enabled the Arkansas Family Court (unlimited child support available; a better place to sue than D.C.) to determine that President Biden has a grandchild yielding substantial cash for a retired stripper plaintiff (Daily Mail).

The plaintiff mom is getting cash from the Biden family purportedly for the child’s benefit. Will the cash cow child get some direct benefit by going to visit Grandpa Biden in the White House? That would be some awesome TV: the President of the U.S., his grandchild, the former stripper, maybe Hunter Biden (the child should also get to see the father, right?), and Hunter Biden’s wife.

Snapshot from 2013, before the $64 million fence was built.

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What praise for our new leaders are you seeing?

From a woman in her 50s who has spent nearly her entire life in government-funded jobs:

I put an American flag on our front porch. Today’s the first day in years I’ve been proud to be an American.

My response:

“proud to be an American” implies that it is somehow better to be an American than to be something else. Virtually any other country on the planet should be objectively superior as an ID due to having zero Trump voters. Why is it an accomplishment (and therefore the subject of pride) to be “American” rather than to be Nigerian, Laotian, Norwegian, or Bolivian?

From a guy whose paycheck is derived from federal taxpayer funds:

A Maskachusetts suburbanite’s feed:

An MIT graduate’s feed:

Weeping with joy, with relief, with hope.

Three from a Harvard graduate’s feed:

His summary: “This is like my childhood in the USSR. When the new general secretary got appointed, there were tears of joy and dancing in the streets. When can we start asking when children will be let out of cages and reunited with their parents?”

Readers: What are your favorite public expressions of support for America’s new rulers?

An inauguration meme sent by a friend:

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President Biden delivers on his promise to shut down the United States…

… well, the Washington, D.C. area at least. From the FAA:

It is still possible to go IFR into three airports:

But VFR pilots and those based at GAI, for example, are denied the use of their aircraft during this most joyous of days.

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