Analysis - CDM - Human Reporters • Not Machines https://creativedestructionmedia.com Human Reporters • Not Machines Thu, 25 Jul 2024 16:20:12 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.1 https://creativedestructionmedia.com/wp-content/uploads/2023/06/cropped-Screen-Shot-2023-06-11-at-10.04.42-PM-32x32.png Analysis - CDM - Human Reporters • Not Machines https://creativedestructionmedia.com 32 32 https://creativedestructionmedia.com/analysis/2024/07/24/laurent-macron-is-playing-with-fire-while-sitting-on-tnt-barrel/ https://creativedestructionmedia.com/analysis/2024/07/20/housing-for-invading-troops/ https://creativedestructionmedia.com/analysis/2024/07/18/2024-will-define-america-what-are-you-doing-to-prepare/ https://creativedestructionmedia.com/analysis/2024/07/17/the-dod-gambles-on-climate-change/ https://creativedestructionmedia.com/analysis/2024/07/17/bidens-team-deliberately-kneecapped-trumps-security-to-allow-an-assassination-attempt/ https://creativedestructionmedia.com/analysis/2024/07/14/assassination-attempt-after-action-assessment/ https://creativedestructionmedia.com/analysis/2024/07/11/operation-sinaloa/ https://creativedestructionmedia.com/analysis/2024/07/08/electionwatch-2024-is-bidens-decision-not-to-step-aside-more-than-just-beating-trump/ https://creativedestructionmedia.com/analysis/2024/07/03/the-ugly-americans-the-truth-about-queer-theory-and-transgenderism/ https://creativedestructionmedia.com/analysis/2024/07/02/frances-problem-is-not-the-far-right-it-is-socialism/ LAURENT: Macron Is Playing With Fire While Sitting On TNT Barrel https://creativedestructionmedia.com/analysis/2024/07/24/laurent-macron-is-playing-with-fire-while-sitting-on-tnt-barrel/ https://creativedestructionmedia.com/analysis/2024/07/24/laurent-macron-is-playing-with-fire-while-sitting-on-tnt-barrel/#respond Wed, 24 Jul 2024 11:27:41 +0000 https://creativedestructionmedia.com/?p=77480 The street anger is growing right and left...

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Several weeks have passed since the close parliamentary elections within the Palais Bourbon. During that period, the crappy game started to elect the president of the parliament, as each side of the political chessboard presented their candidate -- LFI [Left party] represented by Mr Chasaigne (communist), Ensemble [Macron’s party] Mme Braun Pivet, [RN or Rassemblement National Marine Le Pen Party] Sebastien Chenu, Center Mr De Courson, LR [Les Républicains or right party] Philippe Juvin, then Horizon [a party close to Macron] Naima Moutchou.

During the first round, only the first three emerged. Macron dissolved the government the day before the second round to make sure his members' freshly-elected deputies would be able to vote in favor of their candidate. BUT, this constitutes election fraud, Ministers do not have the right to vote, and he managed to make his candidate elected with this “trick”. The second candidate party decided to appeal to the constitutional council to cancel the elections. In the meantime, due to the start of the Olympics games, he decided that despite the dismissal of the government, his ministers should remain in place until a government is formed, which is anti-constitutional.

Nevertheless, some arrangements were made behind the door with the small parties, to make sure the RN would have no access to any positions (quaestor group presidency such as budget commission…), despite the biggest number of voters during the parliamentary elections.

The street anger is growing right and left...

That done, LFI [Leftist] who received the biggest number of deputies should be proposing candidates to head the government as prime minister. However, being constituted of antagonists, none of the branches were able to set a consensus over a potential candidate until tonight, 3 days before the start of the OG2024.

A name emerged: Lucie Castets, a “technician” candidate, holding the budget of the Paris townhouse… Nobody knows her.

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Macron’s reaction was immediate -- First, I will not take any decision because I do not have time for this and second, because the group behind this candidate will not be able to influence the decision of the parliament as they don’t have the majority!

Huuuuu! Neither does he, nor does any party. By the way, that is not a criteria to select the Prime Minister. It is up to the PM to convince the parliament and not the president to decide a priori if the prime minister has the ability to do the job! Actually the constitution hosts an article called 49.3 allowing the PM to bypass the parliament…

Therefore this means Macron has lost his mind and wants to turn France into a sort of dictatorship.

He is playing a very dirty and dangerous game that consists in infuriating all parties to provoke a street reaction. In front of the potential chaos he could trigger article 16 to acquire full power and maintain his own dismissed government or a government he is setting backdoor with minor parties like (LR, Horizons), promising positions in exchange of loyalty.

This is a potential coup. He has lost lucidity over the situation, and the kind of reaction that can erupt could be out of control.

Contextually, the security set in Paris for the Olympics went to a level of constraints that even Hitler never dared during occupation in Warsov’s ghetto -- blocked streets, 6 feets security grids everywhere, blocking the tourists on the sidewalks with risk of stampeding if a panic movement occurs, incapacity to access restaurants, hotels… A mess! The city of Paris is a desert. Booking cancellationa are raining like a monsoon. The Parisian people are running out of the city. 

CONCLUSION: If major political protests erupt, the city will turn into the stromboli volcano!

#BoycottParis2024

Courtesy of X/@GlobalGeopol

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Housing For Invading Troops? https://creativedestructionmedia.com/analysis/2024/07/20/housing-for-invading-troops/ https://creativedestructionmedia.com/analysis/2024/07/20/housing-for-invading-troops/#respond Sun, 21 Jul 2024 01:53:07 +0000 https://creativedestructionmedia.com/?p=77364 Millions Spent Under (Yet Another ) False Pretense

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Four huge “influx centers” for migrant children have been buit in America, and all stand empty but staffed.

One, in Greensboro NC has cost us an estimated $387 million since 2022. Three others are in Texas. This money, plus an additional $103 million for “facility management” was awarded to Deployed Services Inc, a “frequent” contractor for the government. These contracts were for care and supervision services in Greensboro.

ALL FOUR ARE EMPTY. THREE ARE OPERATIONAL.

Let’s take the Greenssboro facility first. I reported on this in late summer, 2022, as the school, belonging at the time to the American Hebrew Academy, aka, Greensboro Global Academy, had suddenly closed in the middle of the 2019 fall intake of students. The reason given was lack of funds. Their debt holder, the Chinese company, Puxin, Ltd. loaned them $26 million, secured with a deed of trust for the facility, for renovations. At the time, parents were incensed, having put money down for their childrens’ education, which term was to begin in weeks. Covid is the excuse given for not reopening in 2020 as promised to the parents.

In 2022, the feds signed a $50 million contract with AHU for a 5-year lease, eligible for an additional 5-year extension. The campus was completely renovated and ready for the immigrant “children” by March 15 of this year.

Puxin stock was suspended trading by the NYSE in May, 2022, and liquidated by order of the Grand court of the Cayman Islands in 2023. Puxin’s holdings went on to another Chinese LLC , Metabroad International, Oakton, VA, Wei Yang, registered agent.

Didn’t smell right then, and it reeks, now.

The Greensboro renovation included 31 buildings, a natatorium and a 22-A lake. This is what caught my eye two years ago. As the US homeless crisis was growing, with Biden’s economy kicking in, this was an utterly shocking act of extravagence for migrant children. Given the influx of “military aged men” we saw swarming our borders, along with Obama’s training foreign troops to put down an American insurrection, it was pretty clear to me that this was NOT for kids.

Speaking of extravagant spending, keep reading. I didn’t have even a small part of the picture, then.

The other three facilities are in TX. Two, Pecos Children’s Center and Dimmit County Children’s Center remain empty as well. A fourth, also in TX at Ft. Bliss, was recently closed, and stands empty.

These four facilities are run by a subset of the Dept of Health and Human Services, ORR, which is a subset of The Administration for Children and Families (ACF), which is in turn, part of DHHS. This constant creation of smaller op units from larger ones is part of the game of “alphabet soup” charade. Much can be hidden behind thousands of combinations of letter-tagged agencies. There’s more.

All facilities are fully staffed! One former worker, whistleblower, said he was “uncomfortable” being paid to work when there was none to do. He questioned why this money wasn’t being spent on the local impoverished or our veterans.

Guess they forgot the check box on the employment app that said, “those with morals need not apply”.

According to the Epoch Times, professional employees such as teachers and health care workers were earning salaries up to $75k/year WITH HEALTH CARE BENEFITS. One of the TX facilities also had a medical clinic employing 12. . . . About 300 employees were paid to work shifts so the facility would be open 24 hours. Empty.

At the NC facility, run by Deployed Services, online job reviews talked about free meals and overtime. With no children to care for, the employees often split up and wear different colored vests, some pretending to be children and the others, care givers. They all get free meals. Phones are not allowed on campus, and workers were told not to discuss their jobs with anyone on the outside.

Supposedly this NC facility was not to receive any kids unless and until the other three were at 85% capacity. Guess there’s going to be a while to wait for those kiddos. A spare mega million dollar facility for extra migrant kids??

The breath-taking waste of our money by this rogue government is staggering. These facilities for non-existent kiddies is just another example. While American families scrape to live, their tax dollars are going to THIS?????

Dear God, we need Trump.

Nine NC lawmakers inquired after the situation. The letter they sent to DHHS Sec. Becerra, read, in part, “To me (NC Rep. Hudson), this sounds like your department may be wasting taxpayer money.”

I can’t print what I’m thinking.

The hundreds of thousands of military are somewhere right now, reviewing their Obama training from Jade Helm (2014) and Greyling (2015), about how to take us down. THEN, they will be somewhere else, well-cared for and waiting to take us down. I am thinking it just might be these campuses, all spiffed up and staffed.

We cannot really know if this housing will be filled with foreign troops soon, or if it is just a nauseating display of “federal middle finger to the taxpayer”. The next 3.5 months are not going to be dull. Keep your head up and your eyes open.

If you get bored asking your congress critters about election vulnerabilities, ask them what they know about this, and see what they have to say. We all need some grins.

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2024 Will Define America. What Are You Doing To Prepare? https://creativedestructionmedia.com/analysis/2024/07/18/2024-will-define-america-what-are-you-doing-to-prepare/ https://creativedestructionmedia.com/analysis/2024/07/18/2024-will-define-america-what-are-you-doing-to-prepare/#respond Fri, 19 Jul 2024 03:18:40 +0000 https://creativedestructionmedia.com/?p=77273 Now in 2024: a bird flu, the southern border disaster – and an assassination attempt. 

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2024 Will Define America. What Are You Doing To Prepare?

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During the Biden Administration, millions of Americans saw the disinformation, pandemic response disaster, left-wing takeover of our institutions, and decimation of our economy as a dire warning of events to come.

Now in 2024: a bird flu, the southern border disaster – and an assassination attempt. 

And we’re barely halfway through the election year.

The only takeaway Americans should have: if you weren’t a prepper before, you need to be now.

Now more than ever – Americans need to be prepared. We all know how important it is to stockpile food, water, ammo, and supplies, but there is one item EVERY SINGLE FAMILY SHOULD HAVE: a medical emergency kit!

There’s good reason why tens of thousands of Americans are buying prescription Medical Emergency Kits:

  1. Big Pharma actively restricts life-saving medications like ivermectin to push experimental vaccines…
  2. Most medicines are produced overseas, causing supply shortages in the US when needed most…
  3. Early intervention at the first sign of symptoms is the best way to avoid hospitalization…
  4. ER visits are an unplanned expense, costing thousands of dollars…
  5. Hundreds of millions of scripts are written annually for meds like antibiotics: it’s not if, but when.

Will the election solve these issues? Experts are not hopeful, which is why investing in a Medical Emergency Kit could not only be the best dollar you spend, but it could also save your life.

The impressive truth about The Wellness Company’s Medical Emergency Kits.

The Wellness Company’s doctors, including COVID19 hero and America’s most published cardiologist Dr. Peter McCullough, designed a Medical Emergency Kit so that Americans won’t have to rely on our broken healthcare system. 

Each kit provides:

  • 8 Life-Saving medications, including Ivermectin, Z-Pak, and Amoxicillin
  • Instructions for treating 30+ illnesses, from tick bites and the flu to bioterror and anthrax
  • Access to med replenishments for 2 years after purchase, and doctor consults for safe use.

Access to life-saving medications is a God-given right for every American. Today, exercising that right is more important than ever.

Over 100,000 medical emergencies avoided – and counting.

Don’t submit to fear. As of July 2024, over 100,000 Americans have purchased Medical Emergency Kits from The Wellness Company, many already avoided a life-threatening incident.

What people are saying about the Medical Emergency Kit: 

This kit already saved me!! I was in the path of Hurricane Beryl and we lost everything… I developed a serious infection and started taking amoxicillin. This has been an absolute life saver for me in a catastrophic disaster when no help at all was available. This was one of the best purchases I ever made and right on time. Thank you for offering this product it has been an incredible asset for survival. – Debra G.  

Everything you need in desperate times. The perfect spectrum of prescriptions and detailed instructions, making the emergency kit a necessity for every household. – Andrew T.  

Peace of mind. It is an amazing peace of mind to have this kit in case of emergencies and shortages. The Wellness Company did an excellent job of getting this to me in a timely manner and I and thankful to have it. – Phyllis T.   

Exactly what we needed! Used it at the onset of cold/flu symptoms and stopped it from running its course. – Virginia M. 
 

The Wellness Company Medical Emergency Kit includes:   

  • Amoxicillin-Clavulanate (generic Augmentin) 875/125 mg - 28 tablets 
  • Azithromycin (generic Z-Pak) 250 mg - 12 tablets 
  • Doxycycline Hyclate 100 mg - 60 capsules 
  • Metronidazole (generic Flagyl) 500 mg - 30 tablets 
  • Trimethoprim-Sulfamethoxazole (generic Bactrim) 800/160 mg - 28 tablets     
  • Ivermectin 12mg - 25 compounded capsules 
  • Fluconazole (generic Diflucan) 150 mg - 2 tablets  
  • Ondansetron (generic Zofran) 4mg - 6 tablets

It is Your Personal Responsibility to be Prepared!

Buy a Medical Emergency Kit today and stop worrying about the future because you’re be prepared for whatever crisis is next.

Order The Wellness Company’s Medical Emergency Kits now!  

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The DOD Gambles On Climate Change https://creativedestructionmedia.com/analysis/2024/07/17/the-dod-gambles-on-climate-change/ https://creativedestructionmedia.com/analysis/2024/07/17/the-dod-gambles-on-climate-change/#respond Thu, 18 Jul 2024 02:35:10 +0000 https://creativedestructionmedia.com/?p=77205 Climate alarmism and absolutism thrive in the morass of censorship and intimidation but wither when the veil of secrecy is lifted.

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Biden’s Team Deliberately Kneecapped Trump’s Security To Allow An Assassination Attempt https://creativedestructionmedia.com/analysis/2024/07/17/bidens-team-deliberately-kneecapped-trumps-security-to-allow-an-assassination-attempt/ https://creativedestructionmedia.com/analysis/2024/07/17/bidens-team-deliberately-kneecapped-trumps-security-to-allow-an-assassination-attempt/#comments Wed, 17 Jul 2024 10:01:51 +0000 https://creativedestructionmedia.com/?p=77147 They kept the rooftop open, watched the shooter, kept Trump on the stage, and didn’t do a damn thing until after he had been shot. And we’re supposed to believe it was an innocent oopsie?

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They kept the rooftop open, watched the shooter, kept Trump on the stage, and didn’t do a damn thing until after he had been shot. And we’re supposed to believe it was an innocent oopsie?
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Nobody wants to hear this because of the implications, but oh well, because it needs to be said: Joe Biden’s security regime deliberately and with malice and forethought created the conditions that led to an attempted assassin shooting Donald Trump in the head. It is by the grace of God that he lived and our nation is not currently in the midst of a violent civil war.

They deliberately starved Trump’s security team of the resources it needed. And they did it repeatedly, over many weeks and months.

With Trump’s security detail understaffed, under-resourced, and stretched to its limits, Biden’s security regime reportedly diverted even more resources to a hastily planned Jill Biden event that just happened to be in the area...

To read more visit The Federalist.

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Assassination Attempt  - After Action Assessment https://creativedestructionmedia.com/analysis/2024/07/14/assassination-attempt-after-action-assessment/ https://creativedestructionmedia.com/analysis/2024/07/14/assassination-attempt-after-action-assessment/#respond Mon, 15 Jul 2024 00:46:58 +0000 https://creativedestructionmedia.com/?p=77009 Where was the oversight this time?

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OPERATION SINALOA https://creativedestructionmedia.com/analysis/2024/07/11/operation-sinaloa/ https://creativedestructionmedia.com/analysis/2024/07/11/operation-sinaloa/#respond Thu, 11 Jul 2024 14:36:59 +0000 https://creativedestructionmedia.com/?p=76788 It's time for America and The Defense Department to act!

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ElectionWatch 2024 - Is Biden’s Decision Not To Step Aside More Than Just Beating Trump? https://creativedestructionmedia.com/analysis/2024/07/08/electionwatch-2024-is-bidens-decision-not-to-step-aside-more-than-just-beating-trump/ https://creativedestructionmedia.com/analysis/2024/07/08/electionwatch-2024-is-bidens-decision-not-to-step-aside-more-than-just-beating-trump/#respond Mon, 08 Jul 2024 16:39:19 +0000 https://creativedestructionmedia.com/?p=76635 Biden used the excuse to justify his decision that the voters chose him and dropping out now would say that “this process didn’t matter.”

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 Could The Rationale Be Based Upon Possible Pardons? 
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President Joe Biden and his family’s decision to hold onto power despite his disastrous performance during the June 27 CNN presidential debate and his demonstrative lack of situational awareness during his ABC News interview last Friday sends a firm signal. The Biden camp is defiant and will ignore fellow democratic candidates down ticket on the ballots come November's Election Day. Could this decision be based on more than the election - like pardons down the road? 

Biden wrote a letter to “fellow Democrats” on Monday explaining that he is staying in the presidential race despite more democratic donors, leaders, and candidates openly calling for the president to step aside and/or drop out because of the potential damage his name will have on democrats running down ballot. 

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“I want you to know that despite all the speculation in the press and elsewhere, I am firmly committed to staying in this race, to running this race to the end, and to beating Donald Trump,” Biden wrote in a letter. 

“I have had extensive conversations with the leadership of the party, elected officials, rank and file members, and most importantly, Democratic voters over these past 10 days or so. I have heard the concerns that people have – their good faith fears and worries about what is at stake in this election. I am not blind to them.”

Biden used the excuse to justify his decision that the voters chose him and dropping out now would say that “this process didn’t matter.”

“I feel a deep obligation to the faith and the trust the voters of the Democratic Party have placed in me to run this year. It was their decision to make. Not the press, not the punditsnot the big donors, not any selected group of individuals, no matter how well intentioned. The voters – and the voters alone – decide the nominee of the Democratic Party. How can we stand for democracy in our nation if we ignore it in our own party? I cannot do that. I will not do that.”

“The question of how to move forward has been well-aired for over a week now. And it’s time for it to end. We have one job. And that is to beat Donald Trump. We have 42 days to the Democratic Convention and 119 days to the general election. Any weakening of resolve or lack of clarity about the task ahead only helps Trump and hurts us. It is time to come together, move forward as a unified party, and defeat Donald Trump.”

The president’s letter seems Machiavellian and disingenuous at best said some democrats who wish to remain anonymous. They cited  elements that cannot be ignored. The Biden family and the president’s re-election campaign advisers have chosen several paths of icing out any opponents during this primary cycle. 

“This is not all about Trump although Biden continues to bash Trump in the letter,” said one source. “It is not even about democrats holding onto power.” 

“This is about Bidens holding onto power and putting other democrats at risk at this pivotal point when Biden is falling behind in battleground states when pitted against Donald Trump,” the source added.

The Biden campaign and Democratic National Committee ordered a political swat team to take on third parties with a special focus on Robert F. Kennedy, Jr. and No Labels, which ultimately did not announce a presidential ticket. No Labels did file a formal complaint to the Department of Justice over the threats lodged at parties affiliated with No Labels. 

The DNC and other political action committees have paid a fortune in legal fees by challenging Robert F. Kennedy, Jr. in state courts over state ballots just like they have tried to keep Trump off state ballots. 

The Biden campaign studiously set out to reject the Presidential Debate Commission’s format since 1988. In partnership with CNN over the June 27 presidential debate, bogus criteria was created in order to achieve and justify the exclusion of Kennedy on the debate stage. 

President Joe Biden’s conscious decision not to provide Robert F. Kennedy, Jr. Secret Service Protection after six serious requests is historically unprecedented over the last 56 years. That Biden decision alone has established a dangerous precedent for any presidential candidate’s safety in the future. 

The notion now being talked about in both all political camps is far more serious than a presidential campaign. 

Some Americans are asking, “Is Joe Biden’s cognitive dissonance and mental acuity decline a national security risk?”

How selfish, self-serving and Machiavellian is the Biden family acting towards their fellow democrats, or is this decision the only option for Joe Biden to preserve, if he so chooses, a possible pardon for his son and family in the future? 

It would not be unprecedented if Joe Biden chose to pardon a family member.

President William Jefferson Clinton pardoned his brother Roger Clinton before he left the White House, and disappointed his brother when President Clinton did not pardon his six friends whom he asked his brother to pardon, as reported in the Los Angeles Times decades ago. 

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The Ugly Americans - The Truth About Queer Theory And Transgenderism https://creativedestructionmedia.com/analysis/2024/07/03/the-ugly-americans-the-truth-about-queer-theory-and-transgenderism/ https://creativedestructionmedia.com/analysis/2024/07/03/the-ugly-americans-the-truth-about-queer-theory-and-transgenderism/#respond Thu, 04 Jul 2024 02:28:43 +0000 https://creativedestructionmedia.com/?p=76401 Maryland, the birthplace of transgender medicine in the United States, is again front-and-center on the transgender issue, with the unfolding scandal about medical ethics and fraud committed on vulnerable children.

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France’s Problem Is Not the “Far Right,” It Is Socialism https://creativedestructionmedia.com/analysis/2024/07/02/frances-problem-is-not-the-far-right-it-is-socialism/ https://creativedestructionmedia.com/analysis/2024/07/02/frances-problem-is-not-the-far-right-it-is-socialism/#respond Tue, 02 Jul 2024 19:23:48 +0000 https://creativedestructionmedia.com/?p=76352 France is the world’s poster child for statism.

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Republished with permission•Mises WireDaniel Lacalle

Following the European elections, French credit default swaps have soared to a post-2020 record of 39 points. Many commentators blame the rise of the National Front for market turmoil, which has sent all euro area spreads higher. However, none of this would have happened if France’s debt was low, finances were strong, and the euro area economies enjoyed healthy economic growth.

France is the world’s poster child for statism. The same statism that some politicians seek to impose on the United States has economically devastated France, a wonderful country with excellent human capital and outstanding entrepreneurs.

France never had austerity. It has the world’s largest government relative to the size of the economy. Government spending to GDP exceeds 58%, the highest in the world. Unions are exceedingly powerful. Their ability to organize paralyzing strikes gives them a level of economic power that far exceeds their actual representation. France’s state is so large that the public sector employs 5.3 million people (21.1% of the active population), a ratio of civil servants to inhabitants of 70.9/1,000, according to Eurostat. France has one of the highest taxation systems in the OECD. In France, income tax and employer social security contributions combine to account for 82% of the total tax wedge, according to the OECD. Corporate tax rates in France are also extremely high, at 26.5%, with companies with profits of more than €500,000 paying a rate of 27.5%. The labor market regulations in France are so restrictive that the number of companies with forty-nine employees is 2.4 times higher than those with fifty, primarily due to the significant burdens businesses face once they reach the fifty-employee threshold. According to Bloomberg, a 50-employee company must create “three worker councils, introduce profit sharing, and submit restructuring plans to the councils if the company decides to fire workers for economic reasons”.

If you are a Keynesian statist, you must be salivating. The above-mentioned characteristics point to a perfect socialist society, an enormous state, extremely high and progressive taxes, and an enormous social network. It should be the optimal economy. Or not?

Well, no. France has been in economic stagnation for decades; it has not had a balanced budget since the late 1970s, and discontent is now the norm. Businesses and taxpayers have grown weary of the drain on their resources, and the subsidy system has spawned a group of dependent and irate citizens who feel left behind and struggle to comprehend their situation. The hailed social state has failed because the massive subsidy and spending machine has ignored economic calculation, making the country a nightmare for job and wealth creators, as well as a nightmare for those looking for a social net that provides opportunities. France has shown that the promise of socialist redistribution only creates stagnation. Despite its claims of extremely low inequality, at 31.5% Gini coefficient, it is one of the European countries with the highest level of discontent, insecurity, and entrenched impoverishment among citizens rotting in ghettos.

Socialism always disregards economic calculation and the need to promote growth and wealth to make progress. When maintaining a bloated state and redistribution become the only objectives, the economy stagnates, and everyone is angry.

The problem with France extends beyond these elections. Voters have the choice of deciding between statism, more statism, or outright communism. Fascinating.

Decades of agonising tax hikes and misguided immigration policies, which have alienated even those admitted into the country, have left taxpayers exhausted and law-abiding citizens terrified. The economy is experiencing low or no growth and declining productivity growth, resulting in weakened real wage growth, heightened insecurity, and crippling taxes. What are you reading in the media? “The threat is the far right.”. No. The threat is statism.

According to Bloomberg, none of the three possible alternatives to the government will decrease the debt or curb the deficit. None of them will tackle the government’s bloated size. Two want even more state control of the economy, while one wants lower taxes as the only evident pro-growth policy. However, those tax cuts are unlikely to attract much activity when administrative and bureaucratic burdens continue to weigh on the economy.

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France has the potential to be a global economic leader. It has the talent, the entrepreneurial spirit, and the business expertise to create global leaders. However, the system simply expels them from the country. Many of France’s brightest have emigrated to other nations where they can thrive. Unfortunately, the political elite are extremely happy keeping the so-called state champions filled with politicians and a small group of crony sectors that are too afraid to raise their voices against the bloated state because they could suffer the wrath of government. A select breed of intellectuals and brave businesspeople are trying to change the system from within, and unfortunately, they are failing.

The lesson we can learn from France is that trying socialism never works and once the disastrous results are evident, it is almost impossible to correct the problem. France is an enormous problem in the eurozone, and the ECB cannot disguise it. But do not think this is a unique example. France is now at the tip of the iceberg. The disastrous Next Generation EU Fund and a deaf European Commission are currently covering up the much worse structural issues in Spain and other euro area nations.

France shows why no one should try socialism. The euro area demonstrates why no one should imitate the statist model that French politicians impose.

Originally published at dlacalle.com

The post France’s Problem Is Not the “Far Right,” It Is Socialism appeared first on CDM - Human Reporters • Not Machines.

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