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Unleash Prosperity Hotline
Issue #878
10/17/2023
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1) Why There Is a Food Shortage in Poor Countries

Here is an alarming headline from the Sunday New York Times:
 

Next question: why are there fertilizer shortages? The Times says the rich countries are hogging all the fertilizer. Wrong. Mankind has the capacity to produce fertilizer for the world many times over.

The main reason for the shortage is that for many years now radical climate change groups have declared war on synthetic fertilizers and have insisted that to save the planet, countries — rich and poor — must go back to “organic fertilizers” – including “manure and ground bone.” 

That’s funny because the left doesn’t like cows either — because they emit greenhouse gases — so we wonder where the manure is going to come from. 

If you think we are making any of this up, the “MIT Climate Portal” has a report on “Fertilizer and Climate Change.” Here is their conclusion:
 

One day they hate fertilizer, the next they scratch their heads and ask where did all the fertilizer go.

Tragically, the left did the same thing by banning pesticides (DDT) in the 1970s and ‘80s, and through this homicidal crusade to save birds (based on questionable science) allowed hundreds of thousands of poor people to die terrible deaths from malaria rather than killing mosquitos. 
 
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2) Krugman: Inflation Is Over if You Exclude Groceries, Medicine, Gas, Utilities, and Mortgages
 


As the figure below shows, prices of the necessities keep rising.
 
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3) Wind and Solar Subsidies in Perspective
 
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4) Quote of the Day - Al Hunt Calls for Dumping Biden
It's time for “Big Gretch,” “California Cool,” the “New Jersey guy,” Illinois' “big man” or “Carolina Blue” to jump in the pool.
 
These are code names for Democratic governors: Gretchen Whitmer of Michigan, Gavin Newsom of California, New Jersey's Phil Murphy, Illinois' J.B. Pritzker and Roy Cooper of North Carolina.
 
The pool is the 2024 contest for the Democratic presidential nomination. The reason: President Joe Biden looks like a general election loser. The likely alternative would be Donald J. Trump, an existential threat to American democracy.


Al Hunt is the former Washington executive editor of Bloomberg News. He previously served as reporter, bureau chief and Washington editor for The Wall Street Journal. He co-hosts the "Politics War Room" with James Carville.

 
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5) Even the New Yorker Has Figured Out Carbon Credits Are a Scam
The only surprise here is that a leftist publication actually reported it.
 
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6) We’re From the Government and We’re Here To Help
 

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