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Another day older and deeper in debt.
Trump’s “Big, Beautiful Bill” is a huge disappointment to those Republicans who want smaller government, less spending, and shrinking debt. But apparently fiscal conservatism is dead. Debt doesn’t matter. From a fiscal perspective, Republicans are now just Democrats with different spending priorities. Both now believe in big government. The public Treasury is the black bag, spewing bribes to voters; maximizing chances of reelection. It’s a sad commentary on the contemporary Republican Party that one has to look to Bill Clinton for the most recent example of fiscal sanity.
To paraphrase from 1966 and The Bobby Fuller Four…
I fought the Swamp and
The Swamp won
Discussion (28)
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I don't think so, although I'm not likely to be around long enough to see any real turnaround, I think the effort to reduce the size and impact of big government will continue.
I never saw Donald Trump's election as POTUS as a big boon towards reduced federal spending but rather as a way to deal with the shifts towards globalization that were gaining momentum. I think we are getting what I was hoping for in this first part and I think we can now make progress on the fiscal front.
Here's a discussion of where we are now in terms of Trump's campaign promises and some explanations of why the CBO positions are not informative of the actual future prospects that rarely get delivered to the public in the media.
I could make a prediction of who will attack this but I'll skip that.
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I sure hope you are right ... but history tells me Lucy will pull the football away from Charlie Brown yet again. All the goodies are on the front end. Most of the savings are on the back end ... conveniently after the next national election. Which is to say, never.
RE: "I never saw Donald Trump’s election as POTUS as a big boon towards reduced federal spending but rather as a way to deal with the shifts towards globalization that were gaining momentum. "
That's my point. They are big government, big spenders ... just Democrats with different spending priorities.
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Donald Trump is helping Putin to destroy opposition to globalism.
Did you praise Brexit like I did, because you wanted Britain to remain a sovereign country that doesn't have its fiscal, trade, and immigration policies surrendered to a monolith in Brussels? If you cheered Brexit on but oppose Ukraine's wish to not have its fiscal, trade, and immigration policies surrendered to the Russian World run from Moscow, you are being inconsistent and are not to be trusted until you shake the cobwebs off.
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This prompts me to a little story telling.
Yesterday, I had a short personal encounter with Brian Johnson who is Charles Schulz's grandson. I told him about an exchange on Facebook I had seen between his mother, Schulz's daughter, and another lady seeking book donations to replenish a supply for the USO reading room at the airport. Brian's mother said she had some of her father's works she could contribute and the other lady said she didn't think they could use comic books. Brian laughed as I had at the lady's total failure to see any seriousness in "Peanuts". Brian said his grandmother was Lucy and I thought maybe his grandfather was Charlie Brown.
Maybe the seriousness gets lost when the written cartoon narrative is turned into video cartoons for children.
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I sense some change in fiscal responsibility concerns as Trump has gained more experience in the midst of those in government focused on that topic.
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