Editorial

Nikki Haley, the former governor of South Carolina, has announced her intention to run for the Republican presidential nomination. As part of her platform, she proposed that all candidates running for president who are over 75 years old take a mental competency test. My reaction? I think it’s a great idea.

Today our federal government has $31.4 trillion of national debt recorded on its books, including $24.6T of Public Debt—which yields a Public Debt/GDP Ratio of 94%. Studies have shown that once Public Debt exceeds 90% of GDP, the debtor nation falls into a debt death spiral as the interest cost starts to suffocate economic growth needed to repay the debt. China, etc. have stopped loaning us money, so our “Independent” Federal Reserve is now printing money to loan it to the Treasury. We also have over $70T of entitlement promises that are not even recorded on our books.

The Hispanic shift away from the Democratic Party – and specifically the dangerously incompetent Biden administration – is something Americans for Limited Government Foundation has been watching closely. New polling shows Biden’s approval rating is continuing to sink, and more Hispanics now want Trump to run for president again than want Biden to.