August 4, 2022

Thursday Short Cuts

Notable quotables from Milton Friedman, Jim Jordan, Jennifer Granholm, and more.

Insight

“Inflation is just like alcoholism. In both cases, when you start drinking or when you start printing too much money, the good effects come first. The bad effects only come later. That’s why in both cases there’s a strong temptation to overdo it. To drink too much and to print too much money. When it comes to the cure, it’s the other way around. When you stop drinking or when you stop printing money, the bad effects come first and the good effects only come later.” —Milton Friedman (1912-2006)

For the Record

“The Biden administration’s ‘victory lap’ on gas prices is truly bizarre. They claim families are ‘saving’ money, but according to their own logic, a family with 2 cars is spending over $185 more per month on gas than when Biden took office.” —Tommy Pigott

“The same people telling you that the Manchin/Schumer deal won’t raise taxes also tell you that the border is secure.” —Congressman Jim Jordan

“First, they say they won’t take your guns. Then they pass a bill to take your guns. Next, they say they’ll reduce inflation. Then they introduce a bill that will raise inflation. Finally, they promise they won’t raise taxes. And what are they doing? Raising taxes.” —Jim Jordan

Demagogues

“You know what? These upward spiraling prices of fossil fuels are exactly why we have to transition to a clean economy.” —Energy Secretary Jennifer Granholm

“President Biden promised he would address ‘Putin’s Price Hike’ at the pump and he is.” —White House Press Secretary Karine Jean-Pierre

Non Compos Mentis Awards

“When the Supreme Court made this extreme decision to take away a constitutional right [abortion], it was an unconstitutional action by them.” —Karine Jean-Pierre (“Tell me you don’t understand what the Supreme Court does without saying you don’t understand what the Supreme Court does…” —Tim Young)

“[Tuesday] night in the American heartland, the people of Kansas sent an unmistakable message to MAGA Republican extremists: back off women’s fundamental rights.” —Senate Democrat Leader Chuck Schumer

And Last…

“An uneducated man has whatever wisdom his parents imparted to him, years of life experience, and his common sense. The educated scoff at these things. They prefer new ideas that are actually old, bad ideas repackaged. They’re unmoored on purpose and will believe anything.” —Seth Dillon

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