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Leftism anyone? AS Frances Menton explains
Meanwhile, Haiti, a country of some 11+ million people, has a reported unemployment rate of about 15%, meaning close to a million unemployed people. There are hundreds of thousands of young men with not enough to occupy their time. What better to do than go out and join an armed gang and fight for control of the country?
No significant private investor will make any meaningful investment in Haiti. Until that changes, Haiti will remain poor.
So what is the idea of our current President and Secretary of State for what to do now? As usual, they have only one idea, which is to send more money. This is from a piece in Foreign Policy today:
U.S. Secretary of State Antony Blinken traveled to Jamaica on Monday to meet with Caribbean leaders on the issue, and he pledged an additional $100 million in U.S. funds to finance the deployment of a multinational force to help stabilize the country. The Biden administration is urging Congress to unlock even more funds.
What they will never do is advocate for moving toward an economy of private property and free enterprise like we have in the United States. They won’t do that because they don’t understand how our economy works, or why it is successful; and at some deep level they are ashamed of our success.
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