Fast Takes: Vagrants are not our neighbors, AOCs craaaazy theory lives on and more

“A Los Angeles city councilman just coined a new appellation for the drug-addicted vagrants who colonize city streets.They are ‘our neighbors,’” fumes City Journal’s Heather Mac Donald.

Hah! “‘Neighbor’ traditionally conjures the image of someone with an equal stake in one’s community as oneself,” while “the occupants of the feces- and drug-strewn trash sites” euphemistically called “encampments” “contribute nothing, pay no rent or taxes, and inevitably bring lawlessness and predation.” They “almost invariably” turn down offered shelter and because “they want no interference with their unrestricted drug use.” “Would [Hugo] Soto-Martinez and his fellow DSA members ask an encampment occupant to watch their children while they run an errand” as “one might with an actual neighbor? The instinctive answer is: Of course not!”“Remember modern monetary theory?” asks The Wall Street Journal’s Allysia Finley.That was Rep.

Alexandria Ocasio-Cortez’s “craaaazy” Woke 1 economic view that deficits don’t matter because government can print money and then raise taxes to tame inflation.It predicted “what the government did during the pandemic,” leading to “persistent inflation and a $40 trillion debt.” Yet “MMT still undergirds” Democrats’ agenda, even if they’ve “retired the term.” Fed boss Kevin Warsh “wants no part of MMT,” but the left still pushes taxes: Sen.

Bernie Sanders backs “a 5% wealth tax”; AOC proposed a “70% top marginal rate on income.” She’s still pushing the “the woke economic idea that raiding the rich can pay for their wildest spending dreams.” What will it take “for them to wake up?” Subscribe to our daily Post Opinion newsletter! Please provide a valid email.By clicking above you agree to the Terms of Use and Privacy Policy.

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Publisher: New York Post

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