News

NC campaigns neglected a critical issue

By John Hood, Published: November 4, 2024

During the homestretch of the 2024 election, I complained repeatedly about the absence of serious engagement by presidential and congressional candidates with the critical issue of the national debt. Most said virtually nothing about the eye-popping federal deficits of the past few years, while others claimed that excising “waste, fraud, and abuse” or “making billionaires pay their fair share” would solve the problem — which is mathematically impossible.