It’s the Government, Stupid | Troubling Economic Indicators Right Now

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Show Summary: This week, it is all about the economy with Jonathan Williams from the American Legislative Exchange Council who is on to discuss some troubling economic indicators that the propaganda media won’t tell you about. Are we in the beginning stages of the transition to socialism…? Because this is what it would look like.

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Original Air Dates: June 11, 2022 | Guest: Jonathan Williams

This Week – It’s the Government, Stupid

“It’s the economy, stupid.” 

That was the sign Bill Clinton had in the Oval Office. It was a reminder that what really mattered to people was a strong, growing economy, With jobs and opportunities, lower prices and a chance to live the American dream.

Now, with Biden residing in the office, it’s more like “It’s the government stupid.” Because instead of focusing on growing the economy, it’s all about growing government. At all cost. 

But as with all government-run economies, we are quickly lurching toward a crash when the big government types will have a reckoning. Government-dominated economies never work.

You are living in the transition stages of a switch from capitalism to socialism. High food prices. High energy prices. Exploding inflation. High crime. And effort to remove guns from law-abiding citizens. This is what the entry to socialism looks like. And to see how it ends up, look at Venezuela.

Jonathan Williams: Troubling Economic Indicators

It’s always a pleasure to have our friend, Jonathan Williams, back on the show. Jonathan is  the Chief Economist and Executive Vice President for Policy at the American Legislative Exchange Council (ALEC).

This week, we walk through the attempted coup of our economy, troubling economic indicators that warn of impending slowdown and potential stagflation. These aren’t some distant economic indicators. These are deeply worrying economic indicators here and now. Like in the housing market.

Be sure to check out the American Legislative Exchange Council and their yearly publication, Rich States, Poor States.

And we talk about some of ALEC’s other programs. Like their  Education Task Force. Which has helped other states enact school choice. Can Oregon get it on the ballot? And get a win? (We’ll have Marc Thielman on next week to discuss the latest ballot initiative for school choice.)

And we talk with him about Oregon’s Republican candidate for governor, Christine Drazan, and what she ought to be focusing on in her economic platform.

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Research, Links Mentioned & Additional Info

• Biden Administration Expected to Reinstate Price Controls, Bringing Back 1970s Gas Lines, Experts Warn (Epoch Times June 6, 2022)
• Germans warned of further food price hikes: Soaring energy costs threaten the survival of farmers, the industry says (RT, June 8, 2022)
• JP Morgan CEO Says There’s a “Hurricane” Coming for U.S. Economy, “You Better Brace Yourself” (Bloomberg News, via We Love Trump, June 2, 2022)
• The First ‘Global Inflationary Depression’ Is Very Possible (Seeking Alpha, Mar 5, 2021)
• Inflation Is Just Getting Started. (Peter Schiff, via YT, June 9, 2022)
  • May CPI est 8.3%
  • Oil over 122 per barrel
  • Atlanta Fed’s GDP Q2 estimate is 0.9%
• Welcome to communism where you arrest your political opponents: “FBI Raids Home Of Michigan GOP Gubernatorial Candidate And Whitmer Challenger, Takes Him Into Custody” (Daily Wire, June 9, 2022)