OK so that's my opinion. And politically it's only going to hurt the republicans. FULL DISCLOSURE: I just bought a Tim Scott for President t shirt. I may get a Nikki Haley one.
Here's a good piece on the absurd level of federal spending we've had for many, many years - & DeSantis alternative.
Having cheered the bipartisan spending orgy of 2020 from his Delaware basement, President Joe Biden has managed even in the post-panic era to run up more than $5 trillion of federal debt. Amazingly he now has a chance to approach President Donald Trump’s panic-fueled debt creation of more than $7 trillion, a dismal mark that many hoped might never be repeated.
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There is a place that offers a better way, and it turns out that voters have been moving there in droves. At Wednesday’s Republican presidential debate, Gov. Ron DeSantis of Florida effectively presented the Sunshine State as the policy opposite of mismanaged Washington. On taxes, spending and other issues he described a haven of limited government that takes little from citizens’ pockets and resists spending it on new programs.
As the costs of financing Washington continue to surge, Mr. DeSantis appears well-positioned to offer a credible and attractive alternative. In July Chip Barnett reported for the Bond Buyer:
The state of Florida has paid down $400 million of the state’s liabilities through its new Debt Reduction Program, Gov. Ron DeSantis said Wednesday...
Florida has now paid down roughly $5 billion in state debt since DeSantis took office in 2019. Additional paydowns are expected during the current fiscal year.
Florida is considered among the most creditworthy borrowers, and why shouldn’t it be, given that its debt has been shrinking in recent years while its economy has been surging. Its economy has been booming in part because it still wisely avoids taxing personal income and wisely seeks to maintain liberty, even in times of political panic.
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