Commentary: Why America’s Elites Want to End the Middle Class

A sunset with a field of windmills

A recent column by Victor Davis Hanson titled “Radical New Rules for Post-America” lists “10 new ideas that are changing America, maybe permanently.” Hanson offers a thorough description of what’s wrong: Fiscal and monetary negligence, selective enforcement or nonenforcement of laws, anti-white racism, rights and privileges for immigrants over citizens, an infantilized culture, hypocrisy, urban chaos, censorship and cancel culture, politicized “science,” and “woke” as the new religion, with Big Tech as the clergy.

While there may not be a more succinct description of the new and radical rules Americans face these days, Hanson is covering familiar territory. But what is the cause of these changes?

It doesn’t require a conspiracy theorist to suggest these wholesale shifts in American culture are not happening by accident. Nor are they solely the result of nefarious intent, at least not among everyone occupying the highest rungs of power and influence in America. What motivates members of the American elite, billionaires and corporate boards alike, to approve of these radical changes?

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Commentary: Radical New Rules for Post-America

Crowd with woman covered by the American Flag

There are 10 new ideas that are changing America, maybe permanently.  

1) Money is a construct. It can be created from thin air. Annual deficits and aggregate national debt no longer matter much. 

Prior presidents ran up huge annual deficits. But at least there were some concessions that the money was real and had to be paid back. 

Not now. As we near $30 trillion in national debt and 110 percent of annual GDP, our elites either believe permanent zero interest rates make the cascading obligation irrelevant, or the larger the debt, the more likely we will be forced to address needed income redistribution. 

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