Here is an interview that shocked the Epoch Times reporter.

I revealed the truth about how radical socialists are using the growing economic chaos for government benefit and controlling Americans even more.

Here is the article, read it and tell me what you think.

Left Will Exploit Economic Crisis to Further Progressive Agenda, Observer Says

By John Ransom, Epoch Times News Analysis

As former President Donald Trump warned about an economy that’s on the verge of not just a recession, but a full-blown depression, the country should prepare for a rapid slowdown in employment, say experts.

Falling labor force participation, along with inflation, could provide the double whammy that creates an economic crisis this fall, they say.

Historic inflation, on top of the lingering effects of COVID-19 policies, has contributed to a sense of pessimism among many in America.

Democrats have relied on this self-inflicted crisis to pass unprecedented, socialist policies, the critics said.

Those policies, some critics told The Epoch Times, have served to set up the country for further crisis.

One critic worries that such a crisis will provide progressives with their latest excuse to force the country to the far left before the November election in an attempt to buoy their electoral hopes.

Mobilizing the Base

“Much of what they are doing is trying to mobilize their radical base and keep it mobilized for the November election,” conservative business consultant and political commentator Craig Huey told The Epoch Times about Democratic economic policies.

In order to keep their voters mobilized, Democrats have come to rely on a crisis atmosphere, said Huey.

So, an economic crisis, with people losing their jobs, while contrary to normal political wisdom for a party in the White House, is what is driving Democrat strategy under President Joe Biden, said Huey.

“It’s an ideological driven-bureaucracy” that needs to…

drive ideological voters to the polls, Huey said about the strategy.

Similarly, Sen. Rick Scott (R-Fla.) said that the Democrats are fully aware of the harm that Biden and the Democrats are doing to the economy by inflationary spending that discourages working.

“For too long, the Left has pushed irresponsible, job-killing socialist policies, paired with reckless spending and tax hikes, causing higher inflation and a staggering $30 trillion in debt,” said Scott in a statement to The Epoch Times.

US Labor Force Declining

Scott said that one consequence of Biden’s policies is a labor force participation rate that is “shockingly low” already.

The rate at which able-bodied Americans have remained in the labor force has sagged from a post-COVID-19 high of 62.4 percent in March to 62.2 percent in July.

The decline, some argue, has diminished the gloss from the 20 percent in labor force gains the economy has made since Biden was inaugurated and the country generally gave up on COVID-19 lockdowns.

And while the employment report last month by the Bureau of Labor Statistics (BLS) added 372,000 jobs, the BLS household survey showed that, in fact, 315,000 fewer people had jobs in July versus June, as 353,000 people permanently left the labor force.

Jobs came in red hot for July with another 535,000 jobs added, but another 63,000 people left the labor force. Since March of this year, there are 168,000 fewer Americans with jobs according to the BLS household survey, despite the fact that month after month the BLS reports big job gains.

It’s a trend that has coincided with accelerating inflation.

Job Openings, Hours Worked Are Falling

On Aug. 1, industry data reported by Reuters from the private employment specialist Homebase said that hours for workers declined by 12 percent in July for small business workers tracked by their company.

Earlier this week there were further signs of a cooling job market.

The BLS reported on Aug. 2 that the number of job openings decreased by about 600,000 jobs month-over-month to 10.7 million openings. That’s down from a record high of 11.9 million job openings set in March.

Fox News’ Charles Payne called it the “biggest non-Covid19 related swoon in job openings on record,” while Forbes detailed plans by major corporations to slash more jobs.

Rising Interest Rates and Higher Unemployment

Professor Peter Morici, an economist at the University of Maryland, told The Epoch Times that it’s an open question about how badly the Federal Reserve wants inflation to get to its target rate of 2 percent.

He likens today’s economy to the 1980s under Federal Reserve Chairman Paul Volker, who brought inflation down from 14 percent to 3.2 percent by bringing interest rates up to nearly 20 percent.

“I don’t know that they are willing to keep interests so high to get inflation to 2 percent,” said Morici.

Morici said that it might take an unemployment rate of 9 percent to get inflation much below 4 percent.

“This is a very different economy than the pre-COVID-19 economy,” said Morici.

The economy, under the Democrat’s vision, is willing to pay extra costs to transition to a green economy by not using oil and gas and generally paying more for labor.

“It means a lot of capital is badly used,” added Morici.

The Case Against a Crisis

But Morici feels that Democrats don’t want to precipitate a crisis for one simple reason: He thinks that establishment figures, including members of the Federal Reserve’s Open Market Committee, will do what they can to prevent Trump from becoming president again.

“That’s the last thing that they want to happen,” Morici concluded.

The implication is that the Federal Reserve will try not to allow unemployment to go up too much, less it improves Trump’s chances to win the presidency, said Morici.

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