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July 2022

Progressives’ Carpet Bombing Of America Andrew I. Fillat and Henry I. Miller

https://issuesinsights.com/2022/07/18/progressives-carpet-bombing-of-america/

Russia has changed its war strategy in Ukraine from direct confrontation to simply reducing cities to rubble, often killing civilians. Avoiding indiscriminate death, destruction, and misery no longer matters to the Russians so long as it facilitates their conquest. Sadly, progressives here have adopted a similar approach to imposing their policies and ideologies.

A civil society must be willing to confront disagreement head-on, issue by issue, even though it can be challenging. The goal should be to reconcile different perspectives constructively without unnecessary collateral damage. But progressives seem willing to die on every hill, with their desired ends seeming to justify any means and any pain along the way.

Overreach is everywhere. Progressive climate policy may be the most egregious. Even without knowing the extent of climate change or humans’ impact, the reduction of greenhouse gas emissions (GHGs) has become a widely accepted goal. But progressives are like children who want what they want now. They demand immediate, indiscriminate controls on fossil fuels, or even their abolition. They oversell renewables and conceal their true costs and environmental impact. Promoting electric vehicles, they harbor delusions of unlimited natural resources and magically appearing infrastructure. They pay no heed to the limitations of the power grid. They ignore other countries’ non-cooperation, and on and on. The American public pays a steep price for all this, now and for the foreseeable future.

Congress provides munitions in the form of trillion-dollar programs too large to allow for proper monitoring. Pet causes are slipped in – as if a small percentage of trillions of dollars is inconsequential – by hiding them in the fog of war. The resulting inflation lays waste to many businesses and lives.

INFLATION HAS NOW DEVOURED ALL BIDEN’S COVID RESCUE CHECKS

https://issuesinsights.com/2022/07/18/inflation-has-now-eaten-up-all-of-bidens-covid-rescue-checks/

When he signed the “American Rescue Plan” into law in March 2021, President Joe Biden bragged about how it would put “$1,400 checks into the pockets of millions of Americans; help to keep folks in their homes; help to put food on the table.” A family of four was in line to get $5,600, he said.

What he didn’t tell the public was that the rampant inflation his “rescue” plan would unleash would cost Americans more than the $1,400 Biden was handing out. Much more.

Biden’s $2 trillion “rescue” came after the Trump administration had already rushed through two massive COVID relief bills and at a time when the economy was already roaring back from the COVID lockdowns. Which is why many economists, including liberal economists like Larry Summers, warned that Biden’s “rescue” would spark runaway inflation. 

And, despite repeated promises from the White House that such a thing would never happen, the Consumer Price Index shot up 8.3% in the first half of this year. (Going back to 1986, the average inflation rate for the first half of the year is 2.6%.) June’s reading had year-over-year inflation at 9.1%.

Under Biden, prices have been climbing much faster than wages, which means that Americans started losing ground almost the moment Biden signed his “rescue” plan into law.