Chris Hedges: US traditionally solves domestic political crises by waging war
War is used to divert American public attention from government corruption and incompetence
The US is a de facto one-party state where the ideology of national security is sacrosanct, unsustainable debt props up the empire, and the primary business is war.
When all else fails, when you are clueless about how to halt a 7.5% inflation rate, when your Build Back Better bill is gutted, when you renege on your promise to raise the minimum wage or forgive student debt, when you can’t halt the Republican suppression of voting rights, when you have no idea how to handle the pandemic which has claimed 900,000 lives – 16% of the world’s total deaths although we are less than 5% of its population – when the stock market fluctuates on wild rollercoaster rides of highs and lows, when what little help the government offered to the labor force – half of whom, 80 million, experienced a period of unemployment last year – sees the termination of the extended unemployment benefits, rental assistance, forbearance for student loans, emergency checks, the moratorium on evictions and expansion of the child tax credits, when you watch passively as the ecocide gathers momentum, then you must make the public afraid of enemies, foreign and domestic. You must manufacture an existential threat. Terrorists at home. Russians and Chinese abroad. Expand state power in the name of national security. Beat the drums of war. War is the antidote to divert public attention from government corruption and incompetence. No one plays the game better than the Democratic Party. The Democrats, as journalist and co-founder of Black Agenda Report Glen Ford said, are not the lesser evil, they are the more effective evil.
The US, burdened by de facto tax boycotts by the rich and corporations, is sinking in debt, the highest in our history. The US government budget deficit was $2.77 trillion for the 2021 budget year that ended Sept. 30, the second highest annual deficit on record. It was exceeded only by the $3.13 trillion deficit for 2020. Total US national debt is over $30 trillion. Household debt grew by $1 trillion last year. The total debt balance in our government Ponzi scheme is now $1.4 trillion higher than it was at the end of 2019. Our wars are waged on borrowed money. The Watson Institute at Brown University estimates that interest payments on the military debt could be over $6.5 trillion by the 2050s. None of this debt is sustainable.
At the same time, the US is facing the ascendency of China, whose economy is projected to overtake the US economy by the end of the decade. Washington’s slew of desperate financial tricks – flooding the global market with new dollars and lowering interest rates to near zero – staved off major depressions after the 2000 dot.com crash, 9/11 and the 2008 global financial meltdown. The cheap interest rates led corporations and banks to borrow massively from the Federal Reserve, often to paper over shortfalls and bad investments. The result is that US businesses are deeper in debt than at any time in US history. Added to this morass is rising inflation, caused by businesses that have increased prices in a desperate effort to make up for lost revenue from supply chain shortages and rising shipping costs, the economic downturn and the slight wage increases triggered by the pandemic. This inflation has forced the Fed to curtail the growth of the money supply and raise interest rates, which then pushes corporations to further raise prices. The desperate measures to stave off an economic crisis are self-defeating. The bag of tricks is empty. Massive defaults on mortgages, student loans, credit cards, household debt, car debt and other loans in the United States is probably inevitable. With no short-term mechanisms left to paper over the disaster, it will usher in a prolonged depression.
https://www.rt.com/news/549363-war-political-crisis-democrats/