Democrats Spent Years Running Their Cities’ Budgets Into The Red. Now That Tab Is Finally Coming Due

Seeing Red About The Sea Of Red Ink

By Victor Davis Hanson, The Daily Signal | April 23, 2025 I want to talk about red ink. Red ink has manifested in trade deficits, budget deficits, and national debt. They’re all connected, but here’s my point: We’ve been warned that trade deficits of the last consecutive 50 years really don’t matter because we grew so much in our gross domestic product and our per capita income. But there were other factors that allowed the trade deficits not to…

Democrats Spent Years Running Their Cities’ Budgets Into The Red. Now That Tab Is Finally Coming Due

City officials in Chicago and Los Angeles are currently grappling with large budget shortfalls.

Democrats Spent Years Running Their Cities’ Budgets Into the Red. Now That Tab is Finally Coming Due.

by Ireland Owens DailyCaller.com Several major blue cities in the U.S. have been marred by a slate of massive budgetary problems in recent years. City officials in Chicago and Los Angeles are currently grappling with how to address substantial budget shortfalls. Meanwhile, Philadelphia is struggling with various financial issues across several sectors, with both its school district and the Southeastern Pennsylvania Transportation Authority (SEPT…