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00:02:12.420Here's a headline that, if you've been making car insurance payments over the last few years, might seem pretty hard to believe.
00:02:18.260It turns out that average auto insurance premiums actually declined in March month over month.
00:02:23.860Yes, for many people, premiums have gotten cheaper even as car prices have remained high.
00:02:29.040Inflation has seemingly been defeated, at least in this particular industry and in this one context.
00:02:34.880The declines were particularly steep in Florida, where insurers like Geico, Progressive, and State Farm are cutting rates by as much as 10%.
00:02:41.640But there's no question that this is a nationwide phenomenon.
00:02:44.360Insurance rates are down by roughly 1% across the board, which might not sound like a lot.
00:02:47.760But it's a big difference from the typical double-digit increases that we've been seeing lately.
00:02:52.760When you go from 15-point average increases to a 1% decrease, you're saving a lot of money, relatively speaking.
00:03:00.700Well, if you ask 10 different people, and you'll probably get 10 different answers, as with anything else, and all the answers might be right, at least partially.
00:03:09.980It could be that insurance rates are going down because our roads are getting a little bit safer.
00:03:16.320And maybe our roads are getting safer because two grand left-wing experiments, the BLM de-policing movement and the Open Borders agenda, have both finally come to an end, or at least are coming to an end.
00:03:29.760Each of these movements clearly made driving significantly more dangerous in their own way.
00:03:34.180Beginning in 2020, of course, BLM convinced police departments to stop enforcing laws, including traffic laws.
00:03:41.620By one estimate, 35% more black people died in motor vehicle accidents in 2021 as compared with 2019.
00:03:48.380In other words, a lot of black motorists suddenly realized that they could drive however they wanted because they'd no longer be pulled over for supposedly, quote-unquote, driving while black,
00:03:56.480which was something that was totally imagined the entire time.
00:03:59.760And some took full advantage of the situation.
00:04:02.980Insurance companies had to deal with the carnage that followed.
00:04:05.120And along the same lines, as we've discussed before, the flood of illegal aliens into this country under the Biden administration
00:04:11.360has led to a lot of drunk driving collisions, which have wiped out entire families in some cases.
00:04:17.540Many of these illegal aliens don't have driver's license, and they've refused to obey the rules of the road.
00:04:22.720In the tiny town of Springfield, for example, one resident recently estimated that she sees 8 to 10 traffic accidents per day.
00:04:31.100Haitian migrants, which now make up around one-third of the population in that town, routinely drive into buildings and onto sidewalks.
00:04:39.360They've mowed down children and elderly women with total impunity.
00:04:42.100One of these Haitian migrants ran over Kathy Heaton, a 71-year-old grandmother, while she was collecting her garbage cans.
00:04:48.320She died in the street, and the impact was so severe that her socks were literally knocked off of her feet.
00:04:56.320The driver, by the way, was not prosecuted.
00:04:59.060And this era of impunity, though, is now coming to an end.
00:05:03.060Police departments are no longer being overrun with BLM mobs.
00:05:06.340Border security is being enforced again.
00:05:08.820The result is that the prices that American citizens have to pay, both in terms of dollar amounts and lives that are lost, are coming down.
00:05:15.640And it turns out that when you have a society that enforces laws, people benefit in many different ways.
00:05:21.800The White House seems to understand this, and that's why every other day we're hearing about a new plan to reduce the cost of these kinds of externalities for Americans.
00:05:30.220The New York Times is now reporting that the Trump administration is canceling the Social Security numbers of foreign nationals who, for one reason or another, were allowed into this country during Joe Biden's presidency.
00:05:40.840Quote, the Trump administration has moved aggressively to revoke the temporary legal status of thousands of, hundreds of thousands of immigrants who were allowed into the country under President Biden.
00:05:49.960Now the administration is taking drastic steps to pressure some of those immigrants and others who had legal status to self-deport by effectively canceling the Social Security numbers.
00:06:00.800The goal is to cut those people off from using crucial financial services like bank accounts and credit cards along with their access to government benefits.
00:06:08.540According to the Times, thousands of convicted criminals and suspected terrorists are among the foreign nationals who just had their Social Security numbers revoked.
00:06:16.640Apparently, the Biden administration provided convicted criminals and suspected terrorists with Social Security numbers so that they could obtain government benefits.
00:06:24.520Since the Biden administration determined that this course of action was preferable to just deporting these people or throwing them in prison.
00:06:31.900And now the Trump administration is trying to change that policy.
00:06:34.800Again, this will have the effect of reducing payments by taxpayers to people who shouldn't even be here.
00:06:39.840It will also make our roads and our communities a lot safer in all likelihood.
00:06:42.740More than anything else, this is what Americans voted for in the last election.
00:06:46.680If Republicans are going to remain in power in Washington, if they're going to avoid a Democrat takeover of Congress in the midterms next year, then this kind of thing has to continue.
00:06:56.920And more importantly, Congress has to start supporting it.
00:07:00.600That's how we can ensure that the cost of living will continue dropping.
00:07:04.100A large part of the equation is reducing government spending, which Congress, of course, is supposed to control.
00:07:11.500As we all know, when the government spends trillions of dollars every year, that money is either coming from taxpayers or it's being printed and borrowed, which reduces the value of the money that we're all holding.
00:07:21.660Either way, we're losing a lot of money in the process.
00:07:23.480And at the moment, it appears that a small contingent of Republican lawmakers in Congress recognize that this arrangement needs to change, at least to some degree.
00:07:32.060And they just held out for assurances that the next spending bill will slash $1.5 trillion from the budget.
00:07:39.580After a lot of hand-rigging, they apparently received those assurances.
00:07:43.980Yesterday is that there was a group of conservative lawmakers who want deeper cuts to government spending than which was originally proposed in the framework.
00:07:57.160So they essentially got those reassurances from Senate and House leaders that there would be more government spending cuts, $1.5 trillion to be exact.