Jennifer Burns: uncertainty

Transcript context

…But that would result again with a lot of people getting fired. And I think somebody submitted a question for me saying, “What are your thoughts as a person who cares about compassion? What are your thoughts about government employees, which there’s a lot of that are going to be hurt by DOGE?” It is always a really difficult question. A lot of people get fired to make room for a new system that’s going to lead to a lot of pain. There is going to be a lot of pain. I don’t know what the solution is. I think that’s also part of why Friedman favored a minimum income. He talked about it being countercyclical, in other words, when things were really bad, the spending level on it would naturally go up. This is what economists today call an automatic stabilizer. And then, when it’s not needed, the cost of it goes down. Maybe there’s a way to sweeten it with honey and have people take buyouts or things like that. That would certainly be a way better way to go. I did a podcast with Javier Milei. He has consistently praised Milton Friedman and cited him as one of his inspirations. So what do you think Milton Friedman would say about what’s going on in Argentina and what Javier Milei’s trying to do in Argentina?…

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