Nobel-Prize-winning economist Milton Friedman famously quipped that “nothing is so permanent as a temporary government program.” If only he’d known how apt this would prove during a pandemic.
Of course, Friedman didn’t mean to suggest that expansions of government power and control over the economy are never rolled back or repealed. Just that we ought to be wary of promised “temporary” programs or interventions, because there will inevitably be a strong push for their perpetuation. We’re witnessing this phenomenon play out in real-time as politicians in Washington push to—yet again—extend the federal government’s halt on evictions nationwide.
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