Meet the New Economic Wreckers
22nd March 2022
Meet the new economic wreckers, same as the old economic wreckers. Putin is now being blamed for the shortage of petroleum by the Biden administration. Josef Stalin used the phrase economic wreckers to assign blame for the failure of any number of Five-Year Plans to increase production.
With the stroke of a pen, President Biden’s executive order to kill the Keystone pipeline turned the United States into a nation that has to beg Venezuela, Russia, Saudia Arabia, and Iran to increase their oil production. This decision was a strategic blunder. The Keystone pipeline was not the only project affected; new oil and natural gas production has also been stifled.