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News Link • Economy - Economics USA

There Will Be No Federal Solution to the Crisis That's Coming

• https://activistpost.com, By Stefan Gleason

California Governor Gavin Newsom is organizing a coalition of blue states to resist the "Make America Great Again" agenda.

Democrat governors aim to, for example, defend sanctuary cities against immigration enforcement efforts, impose their own "clean" energy mandates, and retain funding for Diversity, Equity, and Inclusion programs that could be targeted for elimination by the Trump administration.

Meanwhile, red state governors are largely vowing to work with President Trump to help him implement his agenda.

But however hopeful Trump backers may be for sweeping reforms, the incoming administration will face roadblocks from Congress, the courts, and the entrenched bureaucracy in Washington, D.C.

The reality is that not all of the nation's problems can be solved at the federal level.

The elephant in the room – the rapidly growing $36 trillion national debt – wasn't even a seriously contested issue in the 2024 campaign. Trump has effectively conceded that the debt won't be tackled in any meaningful way because the political will to do so does not exist.

It is up to individual citizens to protect themselves from the risks of a debt crisis that could cause the currency to depreciate even more rapidly than it has been in recent years. That means holding sound money in the form of physical precious metals will be no less important in the Trump years that it was in the Biden years.

States can also act to help protect their citizens from unsound fiscal and monetary policies.


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