ANALYSIS – Is Trump regretting his VP pick? Will Trump tell Vance he is “fired”? When former President Donald Trump selected J.D. Vance as his vice presidential candidate soon after surviving an assassination attempt, some called the choice bold and a doubling down on Trumpism.
I said he could help Trump make his case in 2024 and be the GOP standard bearer in 2028. Still, I also said I would have preferred Trump had picked a woman, and that I had some reservations about Vance as VP, including his youth and inexperience.
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Will Trump Dump JD Vance?
ANALYSIS – Is Trump regretting his VP pick? Will Trump tell Vance he is “fired”? When former President Donald Trump selected J.D. Vance as his vice presidential candidate soon after surviving an assassination attempt, some called the choice bold and a doubling down on Trumpism.
I said he could help Trump make his case in 2024 and be the GOP standard bearer in 2028. Still, I also said I would have preferred Trump had picked a woman, and that I had some reservations about Vance as VP, including his youth and inexperience.
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Does This Single Fact Signal Our Imminent Financial Collapse?
The biggest election issue for 2024 is getting even bigger. It’s the federal deficit, which is expected to balloon to $2 trillion at the end of the current fiscal year (Sept. 30).
Let’s be clear: the massive, bipartisan wave of deficit spending over the last few years has already pushed debt levels to eye popping highs. What is causing the surge in red ink this time?
As The Washington Post reports, it caught official observers by surprise:
What’s so freakish about it? The reality is Uncle Sam is taking in less tax revenue and spending more.
A lot more:
It’s almost as if the old phrase “there’s no such thing as a free lunch” really means what it says. One cannot earn less and spend more without incurring more debt. And that’s exactly what the government is doing.
And according to the Manhattan Institute’s Brian Riedl, things could get much worse, with $3 trillion deficits becoming commonplace in the next decade. The result of it all? A potential debt crisis – a real one in which interest payments become the biggest line item in the federal budget.
Naturally, the political class says it has plans to curb all this debt without harming a single program their constituents care about.
Which is how we got into this mess in the first place. And it’s not like anyone should be surprised by this, never mind think it’s somehow “freakish.” As Riedl noted on the website formerly known as Twitter:
And yet here we are. One day, maybe, fiscal responsibility will make a return on Capitol Hill and the White House. I’m not counting on it – neither Team Red nor Team Blue seems to be serious about making any of the choices required to pay for all the government we’ve got.
Norman Leahy
Will Trump Dump JD Vance?
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