SECOND THOUGHTS ON BIDEN?By Jim Geraghty
https://www.nationalreview.com/the-morning-jolt/stop-demonizing-the-columbus-police-officer/
All around us, we’re starting to see consequences of reckless policy decisions, warnings unheeded, and objections dismissed.
- President Biden didn’t plan for U.S. Customs and Border Protection to have more than 172,000 “enforcement encounters” on the U.S.-Mexican border in March, but announcing he was undoing his predecessor’s “xenophobic” policies helped make it happen.
- President Biden didn’t set out to have the single-biggest one-month jump in the consumer price index in a decade, with food and energy costs leading the way. But maybe the federal government’s decision to pump so much borrowed money into the economy is indeed fueling inflation, as some economists warned.
- After word leaked that President Biden hoped to double capital-gains taxes for those making more than $1 million per year, markets tumbled fast yesterday, and analysts at Goldman Sachs calculate that if the market reaction to this potential capital-gains tax hike is like the last one, the rich will sell off about $178 billion in stocks.
- I’m not completely convinced that we’re seeing a dramatic decrease in vaccine demand yet, but if we are, maybe the decision to halt the use of the Johnson & Johnson vaccine over eight cases of blood clots out of 7 million doses administered added to public wariness. Particularly if the FDA is going to say, after nearly a two-week halt, “Never mind, this vaccine is safe, just have doctors be on the lookout for blood clots.”
Actions have consequences, often including unintended consequences, which is why we should act carefully and deliberately, and pause to recalibrate often. You can consider that capital-C “Conservatism,” small-c conservatism, or just hard-learned life wisdom.
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