Monday, June 24, 2024

The Logic In All The Madness

Why would the Biden administration cancel key pipeline projects and put vast swaths of federal lands rich in oil and gas off limits to production, even as it further drains the strategic petroleum reserve? Why not pump rather than drain our own oil from strategic stockpiles?

A better explanation is that the Biden administration and its handlers knew that there was a good chance that most of their policies would prove unpopular and might even jeopardize Biden's reelection.

In the case of Biden, there was no need to keep up the multitrillion-dollar deficits, especially as interest rates on the national debt tripled and the service costs now approach $1 trillion per year.

Biden, after all, inherited a recovering economy, flush with post-COVID-19 lockdown stimulatory dollars, pent-up consumer demand, and ossified supply chains.

The Biden administration sought to curb oil and gas production-save for brief periods before the midterm and reelection campaigns, when it drained the strategic petroleum reserve.

So the left believes that its new lawfare was well worth the destruction of the entire tradition of equality under the law: 1) Donald Trump has lost a half-billion dollars in fines and legal fees; 2) a court-bound Donald Trump was robbed of weeks of valuable campaign time; 3) Donald Trump can be forever now libeled as a "Convicted felon"; and 4) the left has played chicken with the American Constitution and believes it has won, given conservatives would never enter into a destructive cycle of tit-for-tat.

The Biden years did the country great damage and rendered Biden himself one of the most unpopular incumbent presidents in American history. 

https://amgreatness.com/2024/06/24/the-logic-in-all-the-madness/

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