The dictatorial, repugnant, and repressive Chinese government has ended freedom in Hong Kong. Now it threatens Taiwan, the most important producer of semiconductors for American products — jeopardizing America and her prosperity.
Most American producers are suffering shortages of semiconductors, and if China prevails in its quest to take Taiwan, China will be positioned to shut down American industry by refusing to ship semiconductors to the United States. A Sino-American embargo would precipitate the shuttering of automobile, appliance, and military equipment production, the internet, and processors in virtually every product and industry.
With laser focus, China’s government strengthens its military and economy, as our federal government officials — the most mendacious and incompetent since the FDR depression — weaken American manufacturing and commerce, subvert truth, and squander time and resources on the vacuous follies of gender politics and climate change.
Green energy in California and Texas have caused blackouts and increased the cost of energy, which is imperative for a thriving economy.
The potential semiconductor crisis proves that Jean Baptiste-Say was correct in 1803 when he surmised that supply creates demand. When John Maynard Keynes reversed this truth with the specious theory that demand creates supply, it unleashed a lunacy that is manifesting itself in harsh economic reality today:
America must protect Taiwan and refocus national priorities to develop a robust economy based on investment and production, not government largesse, which undermines people’s work ethic and creates massive deficits and debt.
Freedom, truth, morality, work ethic, and market-based economics created “American exceptionalism.” So it’s time to ignore the malcontents and barbarians who are destroying our cities and refocus on the basics by respecting and embracing the contributions of hard-working producers of goods and services.
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