Well, the midterm elections are finally over. The Republicans managed to hold on to the U.S. Senate, but the Democrats took control of the House. The “Blue Wave” was more like a “Blue Ripple.” To me, it smells a lot like gridlock, which is generally good news if you’re a person who favors smaller government. Gridlock means very little will actually get done in Washington D.C. The government not doing anything – well, that doesn’t sound so bad.
But in his most recent podcast, Peter Schiff brought up a potential problem with a divided government. We will likely end up with even higher budget deficits.
The question is will he do it?
During a rally in Arizona, President Trump threatened to let the government shut down if Congress doesn’t come through with funding to build a wall along the US-Mexican border.
If we have to close down our government, we’re building that wall. We’re going to have our wall. The American people voted for immigration control. We’re going to get that wall.”