Friday, January 3, 2020

Triggering A Recession Tops The Dems' Presidential Agendas

The 2020 Democratic presidential field is in near unanimous agreement that fracking has to be banned or at least regulated to death over time.

"If the U.S. imposed a fracking ban, the supply disruption would trigger the biggest oil and natural gas price spikes in history - almost certainly by more than 200% - which would, in turn, tip the world into recession," Manhattan Institute Senior Fellow Mark Mills wrote last month in a policy brief.

Mills reminds us that the 1973 Arab oil embargo, which removed only 7% of oil from the global market yet caused prices to surge 400%, set off a global recession.

A fracking ban appeals not only to the eco-radicals of the left, it would satisfy the Democrats' "Recession lust." They, as well as their supporters touched by Trump Derangement Syndrome, need a downturn to "Get rid of Trump."

Just days before Moore's op-ed was published, Biden said "I never wish for a recession. Period." But we know that inside, Biden and his Democratic family, as well as the party operatives in the media, would welcome a recession because it would give them the "Serious crisis" they so desperately want so that they can expand their raw political power by taking the White House and possibly the Senate.

While it doesn't look like they'll get the 2020 recession they're hoping for, the Democrats would surely get one if they are ever successful in their furious efforts to outlaw fracking.

At the same time, both groups would have their eyes on the next agenda item that would deepen the recession - and use it to further consolidate their political and cultural dominion over a nation that was intended to be the model of liberty for the entire world.

https://issuesinsights.com/2020/01/03/starting-a-recession-tops-the-democratic-presidential-candidates-agendas/

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