Amazing headline from Bloomberg on the spread of populist Trumpism around the world:

Here’s an excerpt:

As Elon Musk and Argentina’s Javier Milei champion ambitious plans to dramatically slash the size of government, a similar effort is getting underway across the globe from political leaders with a completely different ideology: Vietnam’s Communist Party.

In what amounts to the biggest overhaul of the state since adopting pro-market reforms in the 1980s, Vietnamese officials are targeting a roughly 20% reduction in the size of ministries, government agencies, and civil service workforce.

This is just as we predicted in the HOTLINE a few weeks ago. First, Canada, and now Vietnam.

If actual Communists can cut spending and regulations, why can’t California and New York…or Washington?