When debt grows so much that people don’t believe the Treasury will pay it, they sell their bonds and buy other things, sending prices through the roof.
Republicans lead Democrats by double digits on the latest generic midterm congressional ballot from Trafalgar Group, as the first primary elections are only weeks away.
In perhaps the most predictable column of the year, the Wall Street Journal this week featured a column by Walter Russell Mead declaring it's "Time to Increase Defense Spending."
The last time US President Joe Biden enjoyed more than 50 percent of public support was at the beginning of his White House tenure. Since then, his numbers have plunged due to discontent over the withdrawal from Afghanistan, the border crisis, skyrocketing inflation and many other misfortunes.
"He did nothing to fight for his constituents and stop the most fraudulent election in American history," President Trump said of the Senate Minority Leader.