I have been concerned about DJT's apparent reversal on the deficit/debt issue since he was elected. As a candidate, he said in a WP interview with Bob Woodward:
"We’ve got to get rid of the $19 trillion in debt. ... Well, I would say over a period of eight years. And I’ll tell you why.”
No doubt many who voted for him on this basis are dismayed that instead of eliminating the annual budget deficit and shrinking the debt at a rate of about, say, $2.5 trillion per year, he has actually increased the debt by $3.5 trillion so far, an increase of about 18% in 3 years.
He also appears to have reversed on interest rate policy. In 2015 interview with The Hill, DJT criticized Yellen for keeping interest rates low "in order to shield Obama from having to leave office during a recession." He was well aware then, as he is now, that low interests rates are politically expedient because they artificially stimulate the economy -- but at the cost of accumulating more debt.
It looks to me that DJT's main pitch for re-election is the strength of the economy under his leadership. But if the economy is so strong, then why does he need record-low interest rates (and the consequent debt increase) to stimulate it? The fact is that the economy is not as strong as he claims and that there is serious weakening occurring in some important sectors.
He's on shaky ground and it's still a long way to November, 2020. Will he be able to keep the ship afloat that long? Maybe the Dems will destroy themselves and not even be able to put forward a viable candidate to challenge DJT on the economy. The current strategy of making The Squad the face of the Dems is brilliant, and may work. If The Squad is the best they can do, DJT will still be re-elected even in the midst of a recession.
But then I saw this Medium post by Team Warren, just published 2 days ago:
The Coming Economic Crash — And How to Stop It
https://medium.com/@teamwarren/the-coming-economic-crash-and-how-to-stop-it-355703da148b
This is not the usual Dem liberal platform; it is more like fiscal conservatism. Most importantly, she's being somewhat honest and not sugar-coating the actual economic condition of the nation. I seriously doubt that the article was written by Warren herself; it's credited to Team Warren. Warren's has figured out DJT's biggest weakness and has put together a plausible economic platform that could actually win her the election in the event of a recession.
This represents a major strategic shift for the Dems, the first rational thing I've seen them do in a long time. It's cause for concern.