Conventional Wisdom is an Oxymoron

By Clarice Feldman August 28, 2022

Things that have become conventional wisdom are so often proven dead wrong that we are wise to put “no” in front of anything that is bruited endlessly by the media and advanced by Democratic leaders.

There are so many things in which we naysayers have been right and the conventional wisdom proven wrong that it’s impossible for me to keep tabs. Don Surber does a great job.

Here are a handful from his latest blog: Shutting down the country was a major mistake which people like New York Governor Kathy Hochul are being forced to admit.

President Trump did not push too fast for the COVID vaccine. Big Pharma and the opposition deliberately slowed it down to boost Biden’s election chances by depriving Trump of a triumph even at the cost of many lives of the vulnerable.

It is likely the COVID virus was not a natural development from Wuhan wet markets.

The shutdowns hurt the world more than COVID did:

The New York Post reported, “Now that the 2020 figures have been properly tallied, there is still no convincing evidence that strict lockdowns reduced the death toll from COVID-19. But one effect is clear: more deaths from other causes, especially among the young and middle-aged, minorities and the less affluent.

“The best gauge of the pandemic’s impact is what statisticians call excess mortality, which compares the overall number of deaths with the total in previous years. That measure rose among older Americans because of COVID-19, but it rose at an even sharper rate among people aged 15 to 54, and most of those excess deaths weren’t attributed to the virus. 

On climate and environmental issues the lies which have masqueraded as truth are just as ubiquitous as the political lies have been. Global warming is not killing off the polar bears

The global number of polar bears stands between 22,000 and 31,000, or a midpoint of 26,500. The simple fact is that polar bears are not going extinct. They are not becoming fewer and fewer. Since society started counting them in the 1960s, polar bears have never been more abundant.

Nor is climate change killing off the Great Barrier Reef:

Organic farming is not “sustainable,” to use the shibboleth of this age. Practiced on a large scale, it leads to mass starvation and national bankruptcy

Faced with a deepening economic and humanitarian crisis, Sri Lanka called off an ill-conceived national experiment in organic agriculture this winter. Sri Lankan President Gotabaya Rajapaksa promised in his 2019 election campaign to transition the country’s farmers to organic agriculture over a period of 10 years. Last April, Rajapaksa’s government made good on that promise, imposing a nationwide ban on the importation and use of synthetic fertilizers and pesticides and ordering the country’s 2 million farmers to go organic.

Sri Lanka is now starving. Long self-sufficient in rice production, it has been forced to import it. Its major export crop, tea, has been devastated and with it the country’s source of foreign exchange.

Overpopulation is not the world’s biggest problem. Depopulation is

This week’s fairy tale, now that the raid on Mar-a-Lago seems to have fizzled — except as further evidence of DoJ and FBI overreach and incompetence — is that the president has legal authority to forgive a substantial amount of school loans. In fact, long before the courts rule on this — and I believe they will find it an unconstitutional expenditure never authorized by Congress — the ill-considered plan will die aborning. No administration calculation of the cost was made. While the figure of $500 million has been bandied about, a trillion dollars is more like it. And almost all of it this fiscal year.

President Biden’s new student loan forgiveness plan includes three major components. We estimate that debt cancellation alone will cost up to $519 billion, with about 75% of the benefit accruing to households making $88,000 or less. Loan forbearance will cost another $16 billion. The new income-driven repayment (IDR) program would cost another $70 billion, increasing the total plan cost to $605 billion under strict “static” assumptions. However, depending on future IDR program details to be released and potential behavioral (i.e., “non-static”) changes, total plan costs could exceed $1 trillion.

The editors of both the lefty Washington Post and Newsweek have opposed it and several vulnerable Democratic congressmen are walking away from it.

Worse, the administration of this is in the hands of the Department of Education, which lacks the underlying income information from applicants, the manpower, or expertise to handle it.

I predict that well before the courts put the kibosh on it, the loan forgiveness plan will end up in frustration for applicants. That will add them to the sea of taxpayers who paid off their loans and those of their children or who never went to college and made their own way in the world and who oppose this desperate, crass Biden Hail Mary play.

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