One of the (oh so many) bad things that came out of the Obama Years was that the word “trillion” (as in, “this will lead to a national debt of x trillion”) became normalized, in the way that after WWII, the word billion became a substitute for million in government-speak. (I remember the rueful joke made in the early years of the Obama presidency, when the deficit and debt skyrocketed: “What comes after a trillion?” “Whatever it is, just don’t tell Obama.”)
So never mind the devaluation of the currency — an equal, and possibly worse devaluation occurred in political discourse.
Thus, when we learn that the
fanciful dreams suggested policies of the radical Left will cost a hundred trillion dollars, we are somehow less alarmed because a “hundred” of something — anything — doesn’t sound like much.
And because Leftists (whether socialists, communists, Democrats, whatever) have a fairly cavalier attitude towards money (AOC: “We’ll just create more!” — like that’s a simple exercise), this escalation of the quantity of money and the accompanying devaluation of the terminology just becomes another means whereby they can disguise the true effect (and intent) of whatever nonsense they dream up next.
This works especially well with two groups:
- the extremely wealthy, who may be quite cognizant of the concept of vast sums of money being wasted, but who are sheltered from the consequences of political- and economic excesses by their own personal fortunes; and
- the very poor, for whom the purchase of a secondhand car or a modest house is about the limit of their concept of money, and who can therefore be fooled into accepting whatever large sums are bandied about both because they can’t comprehend it and because they won’t have to pay it.
It is hardly surprising, therefore, that both groups are core constituencies of the Socialist Party, here and elsewhere.
It is we poor bastards in the middle who are going to get shafted, viz.:
I don’t want you to think that I’m making a damn joke about this, because I’m not. At some point, and soon, there’s going to be a financial and economic reckoning — and we of the middle class are going to lose everything: houses, jobs, savings, retirement benefits, the lot.
And now, if you’ll excuse me, I’m off to the range.