It's the Republicans' fault that the Democrats will win Congress in the midterms and the White House in 2028. By pursuing the same failed policies of the past, but lying about having done something different to solve the problems those policies created, they opened the door for the Democrats to falsely claim that they are better qualified to solve them. Of course, once elected, they will compound the problems even more than Republicans. That's why I am even more frustrated with the Republicans than the Democrats. The Republicans are the ones who are supposed to know better. Worse than elected Republicans are those who work in the media. By portraying failed Republican policies as successful, they play right into the hands of Democrats who exploit the resulting frustration to win the votes of independents who might have otherwise voted Republican.

The yield on the 30-year Treasury is 5.18%, its highest since April 2006. At that time, the U.S. national debt was $8.35 trillion. Now it’s $39.6 trillion, almost five times as large. The U.S. can’t afford these rates, let alone the much higher rates we'll soon be forced to pay.