A Republican’s moondoggle

Boondoggle: Work of little or no value done merely to look busy.
Moondoggle: Establishing a Moon colony – work of little or no value done merely to look busy (and appear inspirational).

When a government introduces financing into the economy, John Maynard Keynes terms it “loan expenditure” – for example, public unemployment benefit is partly financed out of government loans. Keynes noted that the reasoning behind types of loan expenditure often seem unclear:

It is curious how common sense, wriggling for an escape from absurd conclusions, has been apt to reach a preference for wholly “wasteful” forms of loan expenditure rather than for partly wasteful forms, which, because they are not wholly wasteful, tend to be judged on strict “business” principles.
— J M Keynes “Chapter 10. The Marginal Propensity to Consume and the Multiplier (VI)”, The General Theory of Employment, Interest and Money, 1936 [Keynes’s emphasis]

Free speech, free agents, and societal agencies

In 2010, in a case concerning political speech (Citizens United v Federal Election Commission) the US Supreme Court decided by a large majority of 8-1 that “disclaimer and disclosure requirements are valid” for political communications. Clarence Thomas dissented in this portion of the opinion – he worried

I cannot endorse a view of the  First Amendment that subjects citizens of this Nation to death threats, ruined careers, damaged or defaced property, or pre-emptive and threatening warning letters as the price for engaging  in “core political speech, the ‘primary object of First Amend­ment protection.’” [Thomas is quoting from other opinions.]