China is about to find out as well, they have something like a 30% new-grad unemployment rate, and Pooh Bear is on a bootstraps kick saying that social protections encourage laziness.
This is actually an example in The Wealth of Nations; Adam Smith considers whether a hooligan smashing a window is a benefit to society because it creates work for the glazier.
Smith concluded that no, it isn’t a net benefit because the glazier could have made a new window instead.
However, given that megayachts are net negative to society, I’m not sure how he’d view this case.
Yup that was illegal activity and he should not have been allowed to do it. Trump doing it as well doesn’t make it ok. Congress failed in their duty in both cases.
See? If you don’t make the quarterback of your political team into a deity, it’s possible to criticize them without ego death.