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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There are few things politicians enjoy more, and generates more bipartisan enthusiasm, than committing vast sums of taxpayer money to the construction of new stadiums and arenas for pro sports teams.
How much enthusiasm? A proposed deal that would bring Washington, D.C.'s NBA and NHL franchises to Virginia has raised the bar for this breed of corporate welfare. As The Washington Post reports, a J.P. Morgan analysis of the deal could put state and local taxpayers on the hook for more than $1.3 billion dollars:
Stable, sensible, AAA bond rated Virginia…going all in on a deal that makes the ill-fated Montreal Olympic fiasco look positively tame by comparison.
Of course, the head cheerleader for spending all this taxpayer money is the state's Republican governor, Glenn Youngkin. His excellency says there's nothing to worry about, all will be well, and so on. Which is standard political boilerplate for such deals.
But to The Post's credit, it does what few stories in this genre have done before: noting how such a sweetheart deal for Washington Capitals and Wizards owner Ted Leonsis (estimated net worth: $2.8 billion) would require trade-offs in other state spending:
In other words, corporate welfare has real costs that effect residents who live far away from the proposed taxpayer-funded sports palaces.
One might think that self-described fiscal conservatives would understand this. But that's rarely, if ever, the case. After all, they like being fêted in team owners' luxury boxes as much as the next grandee. How could mere taxpayers dare to deny them – nevermind question – such gaudy pleasures?
The opinions expressed in this article are those of the author and do not necessarily reflect the positions of American Liberty News.
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