Events are happening in Pennsylvania that may tell the tale of many things.
Most striking, economics is on the ballot during primary season. Economics will take center stage in the general election come November if the party front-runners get the nominations of their respective parties.
On the Republican side, Dr. Oz has gotten the most headlines and the endorsement of TFG. But he is not the Republican front-runner. If Oz does not get the nomination, he and his master will not have much if anything to say in the Pennsylvania election this Fall.
The current leader in the polls for the Republican nomination to the U.S. Senate in Pennsylvania is instead -- are you ready? -- the Bridgewater hedge fund CEO David McCormick. Hedge fund manager McCormick is likely to come face-to-face with what is probably his nightmare: Managing his funds to pay his fair share to fund this country.
On the Democratic side, Pennsylvania Lt. Governor John Fetterman is the leader in the race for the U.S. Senate nomination. Fetterman is easily recognizable. If you have seen him once, you will not be likely to forget him. He is 6'8" tall, has a goatee, and speaks his mind in sometimes uncomfortable ways.
Of particular interest to his likely opponent in the general election, he wants to end the carried interest loophole, which allows hedge fund managers like McCormick to get away with near-zero tax rates.
If the Pennsylvania U.S. Senate race comes down to Fetterman v. McCormick in the Fall, it will be very entertaining indeed -- and on the substantive side, we will get a pretty clear indication of what kind of country this will be.
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