Not that it wanted to be repeated, however the Democratic Get together’s agenda now being rolled out at this week’s conference consists of a number of the most radical ever seen from a serious political get together in American historical past. Kamala Harris, whose father was a Marxist economist, has embraced a smorgasbord of socialist insurance policies, starting from worth controls to sky-high taxes on ‘unrealized capital beneficial properties,’ to much more mass migration – all with the obvious design to place Maduro’s Venezuela or Castro’s Cuba to disgrace. If not that, what else?
During the last 4 years, Individuals have been ravaged by record-setting inflation, exacerbated by reckless authorities spending on handouts for unlawful aliens and wars roiling Jap Europe and the Center East, which have brought on the costs of all the things, from eggs to exploit to gasoline, to skyrocket. Moderately than tackle the elemental downside inflicting the inflation – the Federal Reserve printing cash it doesn’t have and holding charges low – Kamala Harris has proposed “banning worth gouging,” a “answer” so mind-bendingly dumb that if it didn’t really come out of her lips, no person would imagine it. Mainly, the federal government is flooding {the marketplace} with cash we don’t have. That cash then causes a rise in costs, as a result of too many {dollars} are chasing too few items, the traditional rationalization for inflation.
Kamala’s answer now, quite than to get spending beneath management by not losing billions of {dollars} on authorities handouts – together with housing, education, and healthcare – for low-skilled migrants, who solely add to the financial burden, Kamala has proposed punishing retailers for merely adjusting to market circumstances. The results of ‘Kamalanomics’ will result in shortages and extra layoffs, which can have a deleterious cascading impact on provide chains – and do irreparable harm to an already battered financial system.
Because it stands, the financial system is grossly underperforming expectations; there may be overwhelming proof that we’re already knee-deep in a recession and have been for a while. The most recent instance is noticed in Wednesday’s information that the Biden-Harris administration had been fraudulently manipulating job statistics – by claiming 810,000 jobs that didn’t exist had been a part of the latest totals added to the labor market. The correction by the Bureau of Labor Statistics quantities to their largest downward revision to the roles numbers in fifteen years, revealing an financial system that may be a far-cry from the image of energy the Biden-Harris administration has insisted on since taking workplace.
One of many largest (of many numerous) myths that the Biden regime has propounded over the previous three years is that Joe Biden created extra jobs than any president in historical past. That would not be farther from the reality. In truth, the alternative proves true: so lots of the jobs that Biden claimed to have “created” had been jobs that had been briefly shut down due to covid – these had been jobs created not by Biden, however by his predecessor, Donald Trump, the true jobs creation champion.
When you delve additional into the numbers, to the extent Biden created any jobs in any respect – they’re predominantly, if not solely, in authorities providers. In different phrases, these are jobs that trip on the again of American taxpayers, and don’t, for essentially the most half, create something tangible or priceless – just like the oil and vehicle industries – and but, they depend on these industries for his or her payday.
Talking of oil and fuel, Kamala is unmistakably essentially the most anti-fracking candidate to ever pursue the presidency. A Harris administration (God forbid!) would spell sure doom to these industries, in addition to the industries – all the things from vehicles to maritime transport – that closely rely on the previous. As well as, ought to Harris wage struggle – and there may be each signal that she would – on oil and fuel, it could cripple this nation not simply economically, but in addition from the standpoint of nationwide safety.
The logic of that is intuitive: much less home output would imply extra reliance on oil-rich adversaries, together with Russia and Iran, which might in flip empower their economies at our expense. Relatedly, our programs – from public transit to army tools – would turn out to be far much less environment friendly, as vitality sources, like electrical, photo voltaic, and even nuclear – nonetheless lag far behind oil and fuel, as viable options. This may put our financial system in a loss of life spiral, and if left unchecked, make us liable to inner self-sabotage and exterior assaults from international adversaries.
But no quantity of motive or widespread sense will deter Kamala Harris and her ideological campaign on all issues good and exquisite, notably these essential for sustaining a sturdy nationwide financial system, which simply 4 years in the past beneath President Trump was the envy of the world. By flooding the homeland with illegals, wages will artificially depress even additional, disproportionately harming African and Hispanic Individuals essentially the most, who can be inhumanely pressured right into a aggressive prizefight with unlawful laborers for a diminishing variety of jobs.
To not point out, extra assets on illegals – who, in any case, want someplace to stay, meals to eat, and medical providers – means much less on Americans. The damage and tear results on roadways and infrastructure, which have their limits in how many individuals they will handle, would add untold billions in financial devastation. Even so, that may simply be the tip of the iceberg.
All of the whereas, thrifty Individuals who’re cautious with their financial savings can be punished by the totalitarian state with draconian capital beneficial properties taxes which can bleed them dry of all the things they’ve accrued over time. Even these Individuals residing paycheck to paycheck, a bigger and bigger share of the general inhabitants within the age of “Bidenomics” and “Kamalanomics,” can be pressured to bear the burden of upper taxes to take care of a bloated state, saddled with trillions extra debt than gross home product.
The latter will breed lethargy within the system, requiring an increasing number of state intervention – extra authorities laws devised by DEI-indoctrinated bureaucrats who will asphyxiate the financial system to break. Certified staff, to the extent America nonetheless furnishes worthy expertise, can be displaced by unqualified affirmative motion hires, or outright changed by rivals in China and India, who – as a result of they’re rational international locations – don’t impose suicidal insurance policies, which choose in opposition to their greatest and brightest, upon their very own folks.
However rule by the bottom widespread denominator will select-for like-minded personnel, in authorities, enterprise, and in every single place else, as a result of envy is a potent intoxicant, and people – like Kamala Harris – who know deep-down that they don’t seem to be certified to steer, would quite burn the world down in a match of jealous rage – scapegoating specifically those that are certified like Donald Trump – than embrace the chilly, exhausting fact. Briefly, Harris will pack the system with unqualified cronies, quite than expertise that may push the frontiers of science, know-how, and tradition ahead. In sum: a Harris administration can be the enemy of actual progress, full cease.
Alas, a system that elevates the bottom-feeders and stifles the meritorious is not going to, within the sobering forewarnings of each good statesman, together with every certainly one of this nation’s Founding Fathers, final for lengthy. For a similar causes no communist society has ever labored, not to mention been realized, no DEI-regime headed by dotards and dullards, clowns and fools, will lengthy final. Nature’s hand will inevitably come into play, being the cruel corrective that can collapse the whole system if the folks, stupefied by satisfaction and hubris, persist of their benightedness as to not do it themselves.
