Monstrous millionaire douchebag Peter Schiff, the man who recently said the the ‘mentally retarded’ are ‘maybe worth $2 an hour’, went on the Joe Rogan podcast to explain his position on the minimum wage. Schiff, a former economic advisor to Ron Paul, quickly descended into epic rant about liberals destroying the lives of black people and the devastating effects of guaranteeing people a living wage, spewing bogus fact after bogus fact (the destruction of the black middle class had nothing to do with welfare and everything to do with de-industrialization for example). After Schiff claimed the minimum wage destroyed entry level jobs, Rogan politely tried to intervene to point out that he had a job pumping gas that was minimum wage, but Schiff was having none of it. His rant got so silly that he began advocating the complete dismantling of the government, including getting rid of all the economic advisers, the department of energy, the department of agriculture, and the department of eduction.
“Assholes, every one of them,” said Rogan jokingly. But Schiff was being serious. Because when you can afford to put your children through private education and import all your energy and food needs on your own dime, why would you care about anyone else?
Schiff’s belligerence is typical of those with vast economic resources. He has money, and in our current cultural paradigm, that makes him a sage and a genius.
Even if he’s a complete moron.
Ben Cohen is the editor and founder of The Daily Banter. He lives in Washington DC where he does podcasts, teaches Martial Arts, and tries to be a good father. He would be extremely disturbed if you took him too seriously.