Chinese Yuan and US dollars on the map of China. Trade war between US and China, economic sanctions

The Final Chinafication of the United States

Originally published at Townhall

We are living through extraordinary times, not too different from what was portrayed in The Matrix—a 1999 science fiction film that depicted humanity being unknowingly trapped in a false reality. In truth, we are being deceived on a range of important and vital matters by a deep state ruling class residing in U.S. Government, universities, media, and business corporations. 

And it turns out that members of this ruling class often work behind the scenes to create narratives to redirect resources and power to their benefit. The narratives with greatest mass appeal are often those wrapped in some moral or social justice cause, crafted with compelling catchphrases. The most compelling causes are those that include a global vision—such as saving the earth’s atmosphere. This explains the appeal of the Green New Deal, although common sense, history and economics reveal that it is more hoax than possible.

It’s important to understand that many elites who push these narratives share values that transcend the nation state and identify with China and the World Economic Forum on many matters. What is different now for us—the American people—than previous times is the large number of U.S. government agencies that collude with the technology information sector.  As a result, First Amendment laws are being violated with social media companies effectively acting as subsidiaries of government agencies by conducting those agencies’ directives to block or cancel people and groups with contrary views, effectively denying them access to mainstream and social media. Thus, narratives, however distorted or false, go forward more easily because even well-reasoned dissent from prominent experts is censored. 

Great harm against the United States has been recently incurred by this information-blocking duopoly. Consider what has happened in just three instances—the results of which continue to affect most Americans:   

– Doctors who were advocates for safe therapeutic preventative treatments for Covid-19 were censored and cancelled to protect and ensure a risky vaccine monopoly and the outsized profits that came with that treatment. 

– The Hunter Biden laptop story was blocked by the FBI, who colluded with social media to censor the story before the 2020 election, which ensured the corruption of the Joe Biden family would remain hidden and allow sufficient votes for Joe Biden to win the presidential election. 

– The dissenting voices and video recordings that refute DHS Secretary Mayorkas’ false claims that “the U.S. southern border is secure” have been largely censored, which has facilitated the influx of some 5 million illegal entries in the last two years—including criminals, terrorists, and human, child, sex and lethal drug trafficking cartels—all of whom put enormous burden on the people’s schools, health care facilities and law enforcement. 

But there is a bigger and potentially more devastating agenda. It’s the Green New Deal and the goal of “Net Zero CO2 emissions by 2050,” which is proceeding largely unchallenged. The economic reality of achieving that goal, the core of which is the end of so-called fossil fuels (oil, natural gas, and coal) would damage our ability to project military power, bring on economic ruin and even mass death. 

Ken Gregory, the distinguished Canadian climate engineer, is one of the few who has done rigorous economic calculations on the actual costs necessary to achieve Net Zero CO2 emissions in the U.S. by scaling up wind and solar energy sources and building out 30 days of battery storage to make up for the elimination of “on demand-anytime” fossil fuels.  That cost, conservatively estimated at $290 trillion, makes Net Zero’s cost unattainable and crazy. Even a Net Zero plan with 50% fossil fuels and 50% wind and solar would cost $21 trillion, making it impossible to fund given U.S. annual deficits running at $1.5 trillion, with a current overall debt approaching $32 trillion.

It turns out that not only is the Green New Deal’s goal of Net Zero CO2 emissions a fool’s errand economically, but it’s neither grounded in science nor is it desirable. 

Gregory Wrightston, a geologist with nearly 40 years of experience, and presently an “Expert Reviewer for the U.N. Intergovernmental Panel of Climate Change,” has been researching and studying the Earth’s climate by applying the accepted scientific method of using proxy data from geologic strata to determine temperatures going back as far as the Bronze Age (3300 to 1200 years B.C.). 

The evidence shows that present CO2 levels at 420 PPM are historically low, at one-sixth the level of the past cyclical peak temperatures. Wrightsone finds that the scientific evidence on climate and temperature supports historians’ observations that the flourishing of civilizations of the Bronze Age, the Iron Age (1200 to 600 B.C.), the Roman warm period at about the time of Christ, and the Medieval warm period of the High Middle Ages (850 to 1250 A.D.) coincided with cyclical periods of warm temperature, while cyclical low temperatures were accompanied by suffering and higher death rates due to more famine and lower agricultural output.

The push for Net Zero CO2 emissions appears to be yet another hoax being foisted on Americans to redirect resources and power. So, if average Americans won’t benefit, who will? Two groups: First, the elite green stakeholders whose investments often enjoy risk reduction and returns that benefit from government favor and subsidization. Second, the Chinese who dominate every step of solar photo voltaic panel production, and dominate every stage of the electric vehicle (EV) lithium battery supply chain, enjoying a 70% or more market share in both.

Even if the United States wanted to wean itself from China for national security reasons it would remain dependent on key minerals for its energy and transportation systems, and this time the dependency will be with one country—China. As the Institute for Energy Research reports, the advancement of the Green New Deal will mean further ‘Chinafication’ of the U.S. 

Scott S. Powell

Senior Fellow, Center on Wealth and Poverty
Scott Powell has enjoyed a career split between theory and practice with over 25 years of experience as an entrepreneur and rainmaker in several industries. He joins the Discovery Institute after having been a fellow at Stanford’s Hoover Institution for six years and serving as a managing partner at a consulting firm, RemingtonRand. His research and writing has resulted in over 250 published articles on economics, business and regulation. Scott Powell graduated from the University of Chicago with honors (B.A. and M.A.) and received his Ph.D. in political and economic theory from Boston University in 1987, writing his dissertation on the determinants of entrepreneurial activity and economic growth.