Ricochet is the best place on the internet to discuss the issues of the day, either through commenting on posts or writing your own for our active and dynamic community in a fully moderated environment. In addition, the Ricochet Audio Network offers over 50 original podcasts with new episodes released every day.
The globalist left has made its agenda clear. They don’t want us living in comfortable suburban homes, they want us to live in densely packed industrial rabbit warrens like New York and Hong Kong; in 500-square-foot apartments decorated in IKEA furniture. They don’t want us driving cars, they want us dependent on government-run mass transit, operated by unionized government employees, according to government-set schedules. They do not want us to eat meat, they want us to eat soy and bugs. And we are to be continuously monitored by the government for compliance with policy edicts.
Coincidentally or not, due to Biden and Democratic Party policies, the price of homes has skyrocketed and inflation-driven increases in mortgage rates are making them unaffordable (unless you’re a giant hedge fund bent on buying houses and converting them into rental stock because government policies encourage that sort of thing). The price of used cars and gasoline has likewise skyrocketed. Likewise meat of all kinds. Which has led Glenn Reynolds to ask whether the Democrats are inflicting these policies deliberately in order to get the desired result and Dan Greenfield to answer, “Hells yeah, they’re doing it on purpose.”
Reynolds: “$1 out of every $6 that people earn has been lost to inflation in a single year. Or to put it another way, 80 minutes’ earnings out of every eight-hour day have been eaten up. This is predictable, of course. Team Biden took an already bloated federal budget and supersized it with spending last year, printing money hand-over-fist to fund a massive array of pork-filled programs, many if not most of which guided billions of dollars into the pockets of Democratic Party supporters.
So does the Biden administration actually want to see middle-class Americans reduced to poverty and privation? Or is it just too stupid to foresee the obvious consequences of its own actions? At this point, I’m not even sure which is worse.”
But on the plus side, Biden’s tweets have been very not-mean. Usually.
Greenfield. “Inflation isn’t an unintentional accident either. The Left spends like drunken sailors to feed its agenda, but also because spending is an innate good in the Cloward-Piven sense. Devalue money and you wipe out the middle class. Then you can reboot the economy on new terms.
Biden wasted trillions of dollars and is busy blaming “corporate greed” for high prices.
Meanwhile, inflation is doing what it’s meant to do, wiping out savings, and triggering retaliatory interest rate hikes to “cool down” the economy. The middle class ends up poorer and more vulnerable, government dependency rises and social mobility falls. Socialism starts looking better every day. That’s how it worked in the twentieth century and still works today.”
“But Victor, you stallion,” you say. “These policies are driving Biden’s party to electoral disaster. Why would they choose political suicide in service of this unpopular agenda.” Well, thank you, I am a stallion. As for the consequences, is it possible that Democrats don’t think the electoral consequences matter? Have they concluded the game is so rigged in their favor — long-term — that losing a midterm election to a Republican Party profoundly incapable of changing the national trajectory (even if they wanted to) is just a temporary setback; a mere speedbump on the road to our glorious future of us owning nothing and them being happy?Published in