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Big League Economics

Gas Prices Have Exploded Since Biden Entered Office

This spells poorly for working Americans.

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In the month since President Joe Biden entered the US presidential palace, gas prices have risen to an extent previously unseen since before the advent of the coronavirus pandemic.

Gas prices are up more than 10 cents a gallon nationwide in the last week alone. Some have pointed out increases in price that are even greater, with gas prices rising sixty cents a gallon in some areas of Texas since December.

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AAA’s national average gas price is listed at $2.63 for a gallon of standard gasoline, increasing a full 25 cents per gallon since the day of Biden’s inauguration.

Biden ended the construction of the Keystone XL pipeline, a pipe from Canada that would have allowed the flow of crude oil without a need for polluting trucks and freight trains.

Biden’s Department of Energy denied a request from the Electric Reliability Council of Texas to temporarily waive some environmental standards during the onset of the winter storm, preventing Texas’ oil infrastructure from producing enough fuel to keep the state’s homes heated and provided with electricity in the historic storm.

This development harms middle and working-class Americans the most, a constituency that Biden has pledged to secure economic relief for in a campaign promise he’s yet to deliver anything on. It’s likely that the price of gasoline will rise even more in the coming months, with Biden moving to enact green energy requirements even as working Americans are faced with unprecedented economic insecurity. The Democrat’s promises to Al Gore and the green energy lobby are more important than economic reality, it seems.

The vast majority of Americans don’t have the luxury of commuting to work on Amtrak rail everyday. Until Biden can actually deliver anything for the everyday American in terms of coronavirus relief, all he’s done is take money from their pocket during the coronavirus recession by ensuring an increase in gas prices.


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Big League Economics

Globalists are Planning ‘Climate Lockdowns’ to Finish Off Economic Prosperity in the West

They are coming for everything.

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While COVID-19 mass hysteria may be waning, the globalists are intent on continuing the trend of locking down society and destroying economic prosperity for the peasants.

After the scamdemic comes to an end, it will be climate change used to pump the masses full of fear and get them to accept Draconian measures to cripple their own civilization.

Mariana Mazzucato, a professor at the Economics of Innovation and Public Value Center at University College London, is setting the stage for climate lockdowns if unprecedented taxation and centralized power are not exerted over the economy.

“Under a ‘climate lockdown,’ governments would limit private-vehicle use, ban consumption of red meat, and impose extreme energy-saving measures, while fossil-fuel companies would have to stop drilling,” Mazzucato wrote in her white paper, Avoiding a Climate Lockdown.” 

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She contends that the only way to stop the inevitability of climate lockdowns is to “overhaul our economic structures and do capitalism differently,” meaning do away with it entirely and replace it with totalitarian socialism.

“[G]overnment assistance to business must be less about subsidies, guarantees, and bailouts, and more about building partnerships. This means attaching strict conditions to any corporate bailouts to ensure that taxpayer money is put to productive use and generates long-term public value, not short-term private profits,” she wrote. 

“Because markets will not lead a green revolution on their own, government policy must steer them in that direction. This will require an entrepreneurial state that innovates, takes risks, and invests alongside the private sector,” Mazzucato contended.

Her writings are already influential, according to the New York Times, among politicians who are using her scribblings as an excuse to take unprecedented power-grabs.

Sen. Elizabeth Warren (D-MA) has incorporated Mazzucato’s writings into policy ideas such as using “federal R & D to create domestic jobs and sustainable investments in the future.” Rep. Alexandria Ocasio-Cortez (D-NY) is considering Mazzucato’s ideas to strengthen her Green New Deal proposal.

Even Republican lawmakers are embracing Mazzucato’s extreme anti-capitalist doom prophecies. Sen. Marco Rubio (R-FL) cited Mazzucato in his proposal, “American Investment in the 21st Century,” which is essentially a manifesto of surrender to the Left from the failed neoconservative 2016 presidential hopeful.

“We need to build an economy that can see past the pressure to understand value-creation in narrow and short-run financial terms,” Rubio wrote in the introduction, “and instead envision a future worth investing in for the long-term.”

Mazzucato has also influenced former British Labour Party leader Jeremy Corbyn, former British prime minister Theresa May, and Scottish leader Nicola Sturgeon. Mazzucato’s reach extends to other countries such as Germany and South Africa, and she is considered a charismatic rising star in the field of economics.

It should be obvious by now that the ruling elites never intend to restore freedom to pre-COVID levels. The lockdowns are a permanent fixture of society now, and they will be reintroduced at some point under the guise of stopping climate change.

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