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Victor Davis Hanson: The nihilism of the left

American Greatness: 'The Left in about a year has negated American gas and oil independence. Biden, who promised to end America’s use of fossil fuels on his watch, cast adrift millions of his fellow citizens to choose between driving and eating. Much of what the Left had traditionally demonized and wanted gone from American life—from gasoline to beefsteak to new pickup trucks—became so inflated in price as to be nearly unattainable.


'The electrician now pays five times more for his wire, the carpenter eight times more for his plywood, the plumber six times more for his pipe—as all three have to pay off-the-books cash for rare workers who prefer to get checks from the Biden Administration. The Biden printing press has destroyed both the idea that all citizens will work if there are just good-paying jobs, and that affordable necessities for life—food, fuel, and shelter—form the basis for a middle-class life.


'The Biden Administration’s profligate multitrillion-dollar budget, inflation of the currency, de facto zero interest rates, destructive subsidies that undermined labor participation, and incompetence at addressing the supply-chain and clogged port crises will all by midyear likely achieve a 10 percent annualized inflation rate. Carter-era stagflation is on the near horizon....'

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