SKOUSEN: Judge Judy Endorses Mike Bloomberg for President

Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Until this week, popular TV host Judge Judy has “carefully stayed away from politics.” Now, she has come out in favor of former New York City Mayor Michael Bloomberg running against President Trump.

She says that Bloomberg is “an independent, tough-minded businessman, he represents our best chance to bring America together again and begin the long national process of healing.”

According to Judge Judy, he is also “a pragmatist, a man who has shown time and again that he knows how to get things done and cares more about results than ideology. That’s a skill in short supply these days, on both sides.”

She rightly complains about the current group of Democrats running for president who are trying to outdo “each other with pie-in-the-sky proposals for free money and free education. Everybody gets a thousand dollars. Everybody gets free college tuition. Everybody gets, everybody gets, but where does all this getting come from?”

Howard Schultz, the former CEO of Starbucks, added, “How are we paying for all this and not bankrupting the country?”

Judge Judy chose the wrong man to endorse. Bloomberg was a terrible mayor of New York City. When he took office as a Republican, he pushed through the largest tax increase in New York City’s history. He was famous for his “Big Brother” orders to ban smoking, even in bars, and ban super-sized soda drinks. He is notorious for wanting to overturn the Second Amendment’s right to own guns. How is that unifying?

Under Mayor Bloomberg, New York held the record for having the highest number of homeless residents since the Great Depression. And did he do anything to improve the roads, bridges, airports and infrastructure during his 12-year tenure? In fact, traffic and potholes only got worse under his leadership. Not to mention the filthy and horribly maintained public toilets in the city.

He was famous for allowing the New York Police Department (NYPD) to impose the “stop and frisk” policy. This denied citizens, especially minorities, their basic rights and many young people were arrested for merely smoking marijuana.

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A journalist who used to work for the mayor has called Bloomberg “imperious, arrogant, disregards criticism, and is out of touch with the lives of ordinary New Yorkers.”

How is this independent billionaire businessman supposed to be different from the current President?

Judge Judy should have kept her own counsel and stayed out of politics.

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“Government is the only agency that can take a valuable commodity like paper, slap some ink on it, and make it totally worthless.” -- Ludwig von Mises Last weekend, I was in Miami to give a talk on “Modern Monetary Theory,” and had dinner with Bill Beach, the director of the Bureau of Labor Statistics (which puts out the Consumer Price Index and the unemployment statistics).

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