Politics & Life

Everyone is blaming AI for the coming jobs apocalypse, but I am here to tell you the real threat is something both parties have been building for decades. The national debt and its crowding out effect on private capital is a slow-motion economic catastrophe that almost nobody in the mainstream is talking about.

Grocery prices, housing, energy, insurance, and healthcare have all skyrocketed over the past two decades, and no amount of political spin changes the math. I am breaking down the real numbers so you can see exactly how much purchasing power you have lost.

I was standing in the Uffizi Gallery in Florence this morning, surrounded by centuries of Christian art, thinking about inspiration and belief. Then I came back to my hotel and read Peggy Noonan’s piece in the Wall Street Journal arguing that socialism is filling the void left by receding religion, and I couldn’t stop thinking about what that means for everyday Americans and their money.

Everyone is asking whether America is drifting toward socialism, but I think that’s the wrong question. The real threat has always been crony capitalism, and both the new left and the new right are starting to figure that out.

When the government takes stakes in private companies and hands out hundreds of millions in subsidies, it isn’t capitalism. It’s a rigged game that distorts markets and puts your investments at a disadvantage.

The phrase ‘fair share’ gets thrown around constantly in political debates, but nobody ever asks the most important question: fair by whose definition? I’ve been pressing people on the left for years with one simple framing, and I have never once gotten a real answer.