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The rate of oil futures has actually collapsed catastrophically. In truth, the rates collapsed into unfavorable territory in the near term. This strange scenario, prompted by lack of customer demand and lack of storage facility, led the irrepressible Rep. Alexandria Ocasio-Cortez, D-N.Y., to tweet: “You absolutely like to see it. This together with record low-interest rates means it’s the correct time for a worker-led, mass financial investment in green facilities to conserve our planet.”
This tweet was too dumb even for her– a remarkable bar, provided her past commentary– and she deleted it. But she then reiterated the point in a follow-up tweet, defining the rock-bottom oil costs as a “crucial chance” to “produce millions of jobs transitioning to renewable and clean energy.”
Needless to state, purchasing costly green energy at a time when oil manufacturers can not merely distribute oil is peak stupidity. However the Boston University economics major’s synthetic pas merely highlights an uneasy truth concerning this pandemic and its consequences: For the most partisan, every crisis is an opportunity to press political priors.
The most apparent program item for those on the political left has actually been the development of federal government. Dan Balz, chief reporter of The Washington Post, drooled while saying: “For the very first time, many Americans are seeking to federal government for their very economic survival. In time, that could make them take a look at federal government differently.” Sen. Bernie Sanders, I-Vt., wrote for The New york city Times that the “unequal impact of the pandemic and economic collapse are requiring us to rethink the assumptions of our system.”
Among those presumptions: the free enterprise economy (Sanders terms the free enterprise “the course of greed and unconfined commercialism”). The New york city Times described the coronavirus a “brand-new frontier in the defend civil rights” and priced quote race hustler the Rev. Jesse Jackson, who is calling for a government commission to examine the “racism and discrimination constructed into public policies” that result in racial health variations.
Specifically this attitude– that every crisis is a new weapon in the war for more extensive government, and in favor of a complete reconsidering of the constitutional bargain– will lead increasingly more Americans to view shutdown orders with suspicion. It is something to lock down populations on a bipartisan basis with clear goals– objectives like preventing coronavirus clients from overloading the health care system. Many Americans will accompany that, and many Americans want to approve policymakers the benefit of the doubt.
However when politicians begin to expose ulterior intentions for such shutdowns, Americans start to ask concerns. When political leaders at the same time take procedures that undoubtedly do absolutely nothing to fight the coronavirus– measures like locking public parks where individuals are social distancing or banning Americans from buying gardening products however making sure access to abortion stays fully available– Americans begin to question whether their political leaders are trustworthy. And when politicians fulfill such questions with hysterical allegations that the questioners just do not care about human life, Americans grow a lot more suspicious.
Crises need rely on authority. However authorities need to make our trust with well-founded, reasonable policy. They need to be transparent about what they are doing and why they are doing it. When authorities rather suggest openly that their program isn’t entirely suppressing the coronavirus but remaking America along the lines of their own political priors, they lose our trust. And they should.
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