Dear Readers,
With Trump’s next term set to begin, the potential for both promise and challenge lies ahead. From decisive proposals to reduce federal spending to intricate economic situations developing abroad, the next four years are sure to bring significant changes to both policy and governance.
As we look to the road ahead, several pivotal issues likely show us the direction of the new administration’s policies. In “The Two-Trillion-Dollar Challenge,” Craig Eyermann explains the economic challenges facing the new administration and discusses a proposal to cut federal spending by $2 trillion—a goal that could dramatically change not only the size but also the role of government. Meanwhile, in “Missed the Mark: Why Pollsters Misjudged the 2024 Election,” William Shughart II examines how pollsters failed to anticipate the results in battleground states, pointing out the difficulties of predicting voters’ preferences.
Finally, Benjamin Powell explores how Cuba’s economic model has resulted in widespread blackouts despite no severe weather … but who needs severe weather when central planning can wreak economic destruction just as well?
Jonathan Hofer
Managing Editor
