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The Betrayal of the American People by Biden and the Ruling Oligarchy
[American Thinker] The Biden Administration is willfully and permanently undermining the economy and the future well-being of the citizenry as well as trampling on the Constitution with an unprecedented avalanche of executive orders, proposed legislation and untenable regulations. The current leader of the United States, safe in his plush bunker, is without a clue as he and his confederates in the ruling oligarchy are more interested in consolidating power and enriching themselves than they are in the long-term welfare of the nation and its citizenry.In their mad and childish dash to purge the nation of all things associated with Donald Trump, this cabal is deliberately being oblivious to the fact that there is but one major responsibility of the leaders of a Constitutional Republic. That is to be certain their country is capable, in the both the short and long-term, of successfully weathering a worst-case scenario such as global war, a massive economic downturn, or a catastrophic natural disaster. Those currently entrenched in the ruling oligarchy are pursuing policies that will leave no margin for error in the event of an apocalyptic natural or man-made disaster. As their fixation on climate change, purported systemic racism, unfettered immigration and the pursuit of fictitious and unattainable societal equity will permanently damage the economy and destroy any meaningful growth in the standard of living of the nearly all Americans. Over the decades, this country’s enormous and ever-expanding Gross Domestic Product (GDP) has allowed government at all levels to spend or borrow whatever monies were necessary to offset the losses from natural and man-made cataclysms and/or re-start the economy after a downturn. They could do so safe in the knowledge that the GDP, thanks to the productivity and ingenuity of the American people, would always grow and provide a consistent level of tax receipts and, in essence, collateral for borrowing. Thus, the wealth of the United States has always been the nation’s fallback position in order to come through wars and recessions or cope with natural disasters. Posted by: Besoeker 2021-02-08 |
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