Here's the awkward thing about economic booms: they're the perfect time to make hard choices, but also the worst time politically to admit anything needs fixing. Anthony Scaramucci is trying to square that circle, and he's not optimistic about Washington's ability to help.
Scaramucci Says Washington's Election Obsession Is Wasting America's Economic Moment
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The Problem Isn't Growth, It's What Comes After
The former White House communications director and SkyBridge Capital founder took to X on Sunday with a message that won't win many campaign slogans: America's economy is doing great, but nobody in Washington is thinking beyond November.
Scaramucci's prescription? A 15-year vision focused on deficit reduction, K-12 education reform, and rebuilding infrastructure. The kind of stuff that takes longer than a congressional term and requires telling voters things they'd rather not hear.
"Nobody in Washington thinks past the next election. That's the problem," he wrote.
In an accompanying video, he put it more bluntly: politicians avoid hard truths because "people hear the truth, they don't really like the truth and they don't vote for the people." His solution would involve clearly explaining the costs of long-term reforms and establishing guardrails on congressional spending so economic growth can outpace deficits.
This matters because the U.S. is barreling toward the Nov. 3, 2026, midterm elections during President Donald Trump's second term, with Democrats looking to flip seats and Republicans working to hold their majorities. Not exactly prime time for 15-year plans.
The Economy Is Actually Doing Fine Right Now
Scaramucci's warnings come against a backdrop of genuinely solid economic data. Last week, the U.S. Bureau of Economic Analysis reported that real gross domestic product increased in all 50 states and the District of Columbia during the third quarter of 2025.
Nationally, real GDP grew at an annual rate of 4.4%, with state-level growth ranging from 6.5% in Kansas to 0.4% in North Dakota. That's broad-based strength, not just a few hot spots carrying the numbers.
Wall Street is noticing. Bank of America said in its latest forecast that U.S. growth in 2026 could exceed consensus expectations and arrive sooner than many investors anticipate, citing resilient consumer demand and improving productivity trends.
Why This Matters Beyond the Next Quarter
Scaramucci's point is that strong near-term growth shouldn't obscure structural risks. Long-term reforms might not juice GDP next quarter, but they matter for a different reason: credibility.
"If the rest of the world thought we had our deficit under control, it would lead to huge investment here in the United States," he said.
That's the bet, anyway. Whether Washington can look past 2026 long enough to test it is another question entirely.
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