Everything Important In Life Involves Tradeoffs
/One of the fallacies of progressivism that I frequently mock at this blog is the proposition that the government can operate without having to make meaningful tradeoffs of one goal or value versus another.
This fallacy appears, for example, in the illusion of infinite resources in the hands of the government. As individuals we all know that we face constrained budgets and limits on what we can do. Eat out too much, and you need to postpone getting the new TV or new car. Decide to become a lawyer, and you will need to forego becoming a doctor. Your money and your time only go so far.
But somehow it can appear that the government is so huge and has such vast resources at its command that there are no practical limits, and no need for tradeoffs. And thus we get monstrosities like the Bernie Sanders (and Joe Biden?) program for a federal government that eliminates all downsides of human life by passing out the infinite free money. Or see the latest “Heroes Act” out of the House of Representatives — $3 trillion to take care of everyone’s pain from the coronavirus response; Medicare for All, Free College, and Batteries not included (yet).
Another aspect of the no-tradeoffs-necessary fallacy is the idea that the right thing for political leaders to do in a crisis is to rely on the “experts.” . . .