Home » Business » The other America began to create another economy – 2024-03-01 00:26:08

The other America began to create another economy – 2024-03-01 00:26:08

/View.info/ Riots are different. This one is serious. The question is: could street fights break out at any moment, as the demonstrators in France are doing now protesting the increase in the retirement age. They made some noise, scattered, went to make noise again – so far it makes no sense.

Or you can stage a rebellion like 19 Republican state governors in the United States. In short, they announced an alliance to block the financial policies of the Democrats, that is, of the federal government. And accordingly, some alternative economy can be obtained within the framework of the still unified state.

It may take a long time to calculate the total economic potential of these states, led by Florida (the rebellion was led by its governor, Ron DeSantis, the obvious Republican candidate for president of the United States). At the same time, in alliance with the rebellious Montana, Iowa, Georgia, West Virginia… Someone can withdraw, someone will join. But if even one or two states seriously create their own separate economy, then what will happen to the US? And they will probably create it, because there is nowhere else for them to retreat.

The object of the protest is a seemingly minor rule imposed nationwide by the US Department of Labor. But the “other America” ​​quite convincingly says that such trifles are destroying the country. We are talking about the rule for financial institutions to place money, grant loans and generally take any action, taking into account three factors: ecology, social and management criteria (in English – ESG, the three most hated letters in the country).

In practice, this means that the money is given not on the basis of the factor of profitability, efficiency and other things, but taking into account the whole long list of priorities of the Democrats. From the transition to a green (oil and coal free) economy to LGBT people and everything in between. So here we have the whole frenzied liberal agenda becoming the main motive for the movement of money – instead of the normal reasons for it.

In the heated discussions of this topic, real pearls shine. It turns out that when banks are deciding whether to lend money to an individual or organization, they are given a numerical score called a “social credit score,” indicating how politically the candidate aligns with Democrats.

But isn’t the “social credit rating” part of the standard accusations against China of totalitarianism? Anyone remember the tales of China’s experiments with putting “social ratings” on everyone and everything, without which you can’t even buy a train ticket? Banks in China started doing this thing for a simple reason: whether the customer has paid his debts before the due date. Then there were discussions about whether to include the whole characteristic of a person here, down to their propensity to cross the road at a red light. And it turns out the same is true for the US.

What are the American rebels trying to achieve and what are they saying? A lot of things. Recall in particular that the recently collapsed Bank of Silicon Valley and other victims were known to throw money in strict compliance with ESG. DeSantis says they will get serious about how financiers dispose of Americans’ hard-earned money and that they will force them to spin that money based on their profitability, not liberal ideology.

The rebels also remind that the central government has forgotten about the rights of the states – and they are significant. And also that it is Florida, as well as other “red”, that is, Republican states, that shows good results in terms of the health of the economy precisely because the economy is there. And it is not for nothing that people and money are fleeing from democratic to republican states. They also talk about the obvious: that the Democrats are crazy and throwing money they don’t have at their programs. As a result, the current proposed federal budget includes seeding money for empty, liberal programs, all over the world, and will increase the budget deficit to $50.7 trillion over ten years. And that’s just the official estimate.

An interesting question is how we treat republican rebellion. Should we rejoice that the US is falling apart? But this rebellion suggests, among other things, that another America is possible. Including a healthy economy, not a looming catastrophe that will make the whole world feel bad.

Translation: V. Sergeev

Vote with ballot No. 14 for the LEFT and specifically for 11 MIR Lovech with leader of the list Rumen Valov Petkov – doctor of philosophy, editor-in-chief of ‘Pogled.Info’ and in 25 MIR-Sofia with preferential No. 105. Tell your friends in Lovech and Sofia who to support!?

Subscribe to our YouTube channel:

and for our Telegram channel:

#America #began #create #economy

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.