Sunday, March 27, 2022

Elite incompetence, arrogance, and ignorance

Victot Davis Hanson writes,
So we common folk must quit fossil fuels, but not those who need to use corporate jets. Walls will not mar our borders but will protect the homes of Nancy Pelosi, Mark Zuckerberg, and Bill Gates.
Middle class lifestyles will be curbed as we are instructed to strive for sustainability and transition to apartment living and mass transit. But the Obamas will still keep their three mansions, and Silicon Valley futurists will insist on exemptions for their yachts.
The world and the United States are furious over hyperinflation that may soon exceed 10% per year. We will be lucky if it ends only in recession or stagflation, rather than a global depression.
The mess was created by the same apparat who bought into “modern monetary theory.” That silly university idea claimed prosperity would follow vastly expanding the money supply, keeping interest rates at de facto zero levels, running huge annual deficits, piling up unsustainable national debt, and subsidizing workers to stay home.
Both in Europe and the United States left-wing governments deliberately curbed drilling and non-Russian pipelines. They shut down nuclear power plants and subsidized costly, inefficient solar and wind projects. They ended up not with utopia, but with fuel shortages, high prices, and energy dependency on the world’s most repressive regimes.
Few asked how a supposedly noxious West of some 2,500 years duration became the number one destination of millions of global non-Western migrants and offered the greatest degree of global prosperity and freedom for its citizens.
So a reset reckoning is coming — in reaction to the “new orders” championed by Biden and the Davos set.
Closed and secure borders with only legal and measured immigration will return. Americans will demand tough police enforcement and deterrent sentencing, and a return to integration and the primacy of individual character rather than separatist fixations on the “color our skin.”
The public will continue to tune out of the partisan and mediocre “mainstream” media. We will see greater increased production of oil and natural gas to transition us slowly to a wider variety of energy, strong national defense, and deterrent foreign policies.
The prophets of the new world order sowed the wind and they will soon reap the whirlwind of an angry public worn out by elite incompetence, arrogance, and ignorance.
Read more here: https://pjmedia.com/columns/victor-davis-hanson/2022/03/24/the-real-reset-is-coming-n1583772

No comments: