Introduction
We find ourselves in that four-year cycle where we are faced with an election once again. Although I delineate below the concerns that I believe the nation faces, and that therefore we should closely attend to what politicians specifically say about these concerns, I have come to believe that for whom we vote in elections will have little effect on these concerns that I delineate in this blog article. Neither political party has demonstrated that it cares nor even understands how major concerns we face in this nation are transforming this republic into a Statist authoritarian rule of political elites. There are few, if any, individuals running for office who claim as their passion to rid people’s lives of an ever encroaching State into every nook and cranny of individuals’ personal pursuits. What the nation faces is a constitutional crisis. Does any particular politician call for a constitutional cure that will restore the republic form of government under which we are supposed to live? I have categorized ten concerns that I believe the nation faces. I will discuss five of those ten concerns on this month’s blog article. The remaining five I will discuss for September’s blog entry.
The Economics of Inflation
The economic stability of the nation has been in the forefront of peoples’ thinking since the debacle of 2008 and the absurd quantitative easing that followed. Simultaneously and unfortunately people continue to look to the government for livelihood and security. Following the 2008 recession the governmental response to the pandemic of 2020 led to numerous business failings with drastic effects for the economy from which the country is yet to recover.
Inflation and Hyperinflation
The major threat to our economy simply put is government spending. The notion of a $34-trillion dollar debt doesn’t appear to concern either party as promises from government to provide health, wealth, and security continue to flow from D. C. The Federal Bank’s printing machine continues to print money so as to stimulate the economy. Keynesianism is on overdrive in the government’s response to insure the economy will flourish. And increased taxation becomes a threat to all forms of wealth and property while the middle class continues to carry the burden of the country’s woes. These monetary and fiscal policies continue to negatively hammer the value of the dollar for which people work. On top of that we are fed the nonsense by government officials that there is no inflation. One wonders if such bearers of economic news have ever gone to the grocery store, noticed the price of automobiles, or have sought lately to purchase a home.
History is replete with the lessons of the dangers of government spending, particularly that of the Weimar Republic in 1923. The printing machine mentality cannot continue without ushering the nation’s economy into a hyperinflation mode, which is the very sign of an economy on the verge of collapse. Presently, small businesses are treading deep water. The hurtles for small business startups are difficult due to expenses, taxes, and the shrinking value of the dollar. Unfortunately, corporations who are in bed and partnered with government have become what supposedly defines capitalism. Hence people call on a more powerful State to fix things. In an economy ensconced in hyperinflation, no politician wants to proffer the necessary solutions because the remedy would frighten people beyond fathoming. Four books that speak to the deadly concerns of hyperinflation are: The Fuhrer (Konrad Heiden); Waste Paper: The German Hyperinflation of 1923 (Simone Ricci); Germany 1923: Hyperinflation, Hitler’s Putsch, and Democracy in Crisis (Volker Ullrich); and When Money Dies: The Nightmare of Deficit Spending, Devaluation, and Hyperinflation in Weimar Germany (Adam Fergusson). The U.S. economy faces an unfathomable government debt and the devaluation of the dollar, and it is on the precipice of destructive hyperinflation. Listen for any discussion of this economic reality from would-be presidential candidates for the 2024 election. Then listen even closer for any stated remedies.
Foreign Policy
No doubt Israel’s conflict in the Gaza and the Ukraine war will be discussed in vague rhetorical terms among Democrat and Republican debate strategists. Although Hamas started this latest war with Israel via the butchery that Hamas is known for, it will be interesting to see if any politician addresses the reaction from Israel that has led to much more than is alluded to by the phrase collateral damage. Likewise, will any questions and/or discussion arise regarding the limit to which the U.S. should support Zelensky in the Ukraine under the rubric that he is a democrat? More importantly, will any presidential candidate touch on the historical position whereby the U.S. has sought not be entangled in foreign affairs? (This last notion may appear totally rhetorical, given this nation’s involvement in foreign conflicts since Korea to the present.) But do we, as a nation, have a principled foreign policy by which we seek to live?
Having stated the above, our foreign policy appears to be a muddled mess, given our position on Russia, while the nation’s politicians play soulmates with China. The Chinese Communist Party (CCP) has been, and is, one of the most vicious collectivist regimes for over seven decades. Although there might be some nod to supporting Taiwan, is the U.S. truly supporting Taiwan with its friendliness toward mainland China and the CCP? June 4th, 2024 marked the thirty-fifth anniversary of the Tiananmen Square massacre. The elder Bush, rather than supporting those who were butchered by the tanks and guns of the CCP, sought friendly relations with China. Given that China is purchasing land in the U.S. in warp speed, what is our Foreign Policy toward the regime of the CCP? The annual Shangri-La Dialogue occurred on May 31, 2024. The CCP is straightforward in how it views its own position in the world, and how it sees other countries. In this latest round of dialogues, the CCP is adamant that Taiwan and the Philippines fall under what China calls the South China Sea control. The CCP offers stern warnings against Taiwan and the Philippines if they do not accept their position in the South China Sea. Likewise, they threatened the West (Europe and the U.S.) if it seeks to support either Taiwan or the Philippines [Balding, Epoch Times, June 6, 2024]. If Putin as an ex-KGB guy still represents the haunts of the Soviet regime, then the CCP is certainly not our friend. Presently, I think it has to be taken as a given that both Russia and the CCP have as their goal the collectivist control of the world. How might the U.S. build on a principled Foreign Policy that takes a strong stand against these two regimes?
Education
The homeschool movement has been in full force for several decades now. The pandemic which witnessed the closing of schools enhanced the desire of many parents to rethink public education and move toward homeschooling. The upsurge of woke ideology simultaneous with the decreased academic standards related to the three-r’s has also moved parents toward the desire for homeschooling, homeschool co-opts, and private education, thereby removing their children from government schools. Unfortunately, the teachers’ unions for public schooling are politically connected and entrenched in their ideology. Although a large number of parents desire to make moves toward homeschooling and private education, they are still forced to pay school taxes to support public education. The school voucher system has been touted as one remedy for the sad state of education in the U.S. although such a system leaves in place government control of schooling. Listen for what politicians say regarding the rights of parents to have their children exit the public education system to either homeschool them or place them in private schools. Then listen for any support for public education that compromises their position. Better yet, listen for any statement whatsoever from the politically elite on education.
Border Crisis
Since Biden and the Democrats have opened the flood gates to (and yes I’ll say it) illegal immigration, the number of immigrants crossing the southern border of the U. S. has grown exponentially. Although, libertarian in my perspective, I have come to question most libertarian stances on open borders, especially in a day when terrorists of one stripe or another can so easily gain access into the country. Moreover, our immigration policy that now extends the government dole to those entering the country lacks any common sense or basic morality when the taxpayer is on the hook for subsidizing immigrants. At the very least before we can consider a libertarian position on open borders, subsidizing of immigrants must come to an end. One wonders how many would consider the risk of sneaking across the border if there were no government subsidies waiting for them. A true libertarian society based on free market and private property values must not assess the border crisis today along mere ideological lines. The amount of taxpayer money going to illegal immigrants on top of the already wretched inflation that has hit people’s pocketbooks is asking too much for the public to support. Should we be glad that people want to emigrate to this country? By all means. But we need a solid economic policy that creates the kind of society they hope to find here. Barring that reality, we need to hear what politicians have to say about illegal immigration.
Internet Politicization
The Dot.com revolution promised people a free market where ideas could be generated and debated, providing alternative pathways to legacy media and the news offered there. Unfortunately, many who tread in the political elite class view liberty as a problem to be placed under their control. Candidates running for any political office should address the politicizing of the internet that has undermined the freedom that the Dot.com revolution promised. The internet needs to remain the freest and most wide open resource for individuals to generate and search for ideas that speak to all areas of life. The State, however, is extending its ever-growing tentacles to control what is written and stated on various websites. Youtube, Facebook, and others have negated content that doesn’t fit a particular political ideology. We witnessed this most blatantly in the censoring of website material that was critical of the government’s handling of the so-called pandemic. Not only was such information and perspectives censored, they, in turn, were labeled misinformation, and, if possible, criminalized. We also witnessed certain financial venues refuse to work with those websites that were designated as misinformation. Although I believe strongly in the right of owners of such venues as Facebook and YouTube to determine their content, they should not become an arm of the State’s desire to censor material that criticizes the State. Simply put, some individuals may post things online that are egregious in their content. A free market should determine their fate. Perspective candidates need to speak, to not how they want to see the internet operated, but to whether or not they want to let the internet continue to be the free market source of ideas and an alternative source to legacy media.
Conclusion
The nation is bitterly divided today along political ideologies that have no apparent resolution to coexist in a society that allows the free exchange of ideas, all of which should be protected by Constitutional rights that are basic such as the freedom of speech, the freedom to worship, the freedom of assembly, and the freedom to disagree openly. Presently, we face a Constitutional crisis. This nation needs to decide what the Constitution truly represents. The five concerns above should be principally addressed by perspective candidates. Come September, I will discuss an additional five concerns, beginning with our Constitutional crisis.
[Reference: Balding, C. (2024). How China Views the World. [In The Epoch Times, June 6, 2024. Online edition.]
John V. Jones, Jr., Ph.D./June 14th, 2024
ANALYSIS OF POWER