Congressman Thomas Massie Explains Why the Stimulus Bill Will Fail and Why There is A Danger of Food Shortages

March 30, 2020 in News by RBN Staff


Source: Need To Know | Thomas Massie

US Representative Thomas Massie on his small farm in Kentucky, Youtube

Thomas Massie explains that the Coronavirus stimulus bill will fail to restart the economy because it is based on the assumption that it will increase the production of goods and services, but you can’t increase something that is shut down by government decree no matter how much money you throw at it. Massie says regulations should be rolled back, especially for food, so local food markets can come back to life. Millions of dollars of produce now is rotting due to the closure of restaurants, and that is affecting many other businesses as well. Food shortages could result from this unprecedented strain on supply chains. He concludes that shutdown of the economy will cost more lives than the virus. -GEG

In the video below, Thomas Massie shares some political solutions that people can do by holding elected officials and representatives accountable for shutting down businesses and economies.  He suggests

  1. Ask which epidemiological model they are using to justify it
  2. Ask which economic model they are following they are using
  3. Ask what are the tripwires for turning the economy back on
  4. Ask when would they turn it back off again
  5. Ask them to waive regulations that hamper businesses and keep faith in the free market