DimWit Politics

Why Didn’t I Get My $1 Million From Bloomberg?

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Why Didn’t I Get My $1 Million From Bloomberg?

Why Didn’t I Get My $1 Million From Bloomberg?
March 12
17:10 2020

There is an old expression, “figures do not lie, but liars figure.”  Of course, that is if they know how to figure.  Apparently, the folks in left-wing media do not.

That became apparent when a Washington Post contributor, Mekita Rivas, tweeted that former New York Mayor Michael Bloomberg could have better spent a portion of his campaign money by simply giving all 330 million of us Americans – every man, woman, and child — $1 million each.

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That item was so interesting that New York Times editorial board member Mara Gay – guesting on MSNBC’s “The 11th Hour” show – brought that tidbit to host Brian Williams, who jumped on the story, saying: “I’ve got it, let’s put it up on the screen.  When I read it tonight on social media, it kind of all became clear.”

What became clear is that Williams is not a critical thinker and rather poor at simple arithmetic.   Put that next to his getting bounced off hosting “NBC Nightly News” for making up stories and you discover a pompous dunce.

Gay carried on.  “It’s an incredible way of putting it. It’s true. It’s disturbing. It does suggest what we’re talking about here, which is there is too much money in politics.”

This was not just an improvisational flub by the on-camera personalities.  The technical folks actually created a graphic to make the point – or miss the point, as it were.  There was no one in the control booth alert enough to whisper into those earpieces to correct Williams or Gay.

It would only be “too much money in politics” – as Gay alleged — if you think $330 trillion is too much.  That is what it would cost to give 330 million Americans $1 million each.  If Bloomberg had distributed his approximately $500 million he actually spent on his campaign to all of us, we would be getting a check in the mail for about $1.50 each. There goes my Rolls Royce, Rolex, and summer in Cannes. But I still could get a Diet Coke.

For the sake of Rivas, Williams, and Gay, that is $999,998.50 short of $1 million.  On the other hand, if Bloomberg had wanted to give each of us $1 million, he would have had to dole out approximately $330 trillion – many times more than the entire global economy.

So, Rivas made an egregious mistake.  It could have been a learning experience.  But she seems to be uneducable.  After her humiliating blunder was exposed, Rivas angrily tweeted:

Blah blah math blah blah people are telling me my numbers are wrong, but the point still stands: He could easily afford to give everyone $1 million and literally never notice.”

One possible explanation for why three hardcore progressives would make such a mistake is that they are yoked together by their habit of spending trillions of dollars without doing any accounting – or even worrying about from whence it comes.

There is another explanation. The media hosts and their in-house panels of parroting pundits mostly work off scripts.  They are news readers, not thinkers.  Every now and then, you will see an anchor stop and look bewildered. It is a fairly safe bet that the teleprompter malfunctioned.  Williams and Gay see a tweet from a colleague, and they go with it without lighting up any brain cells.

I am still laughing.  Representatives from MSNBC, the New York Times and the Washington Post and they all … ha,ha,ha … they all … ha,ha,ha … oh, never mind.

So, there ‘tis.

About Author

Larry Horist

Larry Horist

Larry Horist is a conservative activist with an extensive background in economics, public policy and politics. Clients of his consulting firm have included such conservative icons as Steve Forbes and Milton Friedman, as well as the White House. He has testified as an expert witness before legislative bodies, including the U. S. Congress, and lectured at major colleges and universities. An award-winning debater, his insightful and sometimes controversial commentaries appear frequently on the editorial pages of newspapers across the nation. He can be reached at lph@thomasandjoyce.com.

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