Over the previous couple of weeks, one story has overshadowed each different, irrespective of how vital they could be: Jeffrey Epstein.
Until you’ve been taking your summer time trip on Mars, you in all probability know the contours of the story. (And if you happen to don’t, my Vox colleague Andrew Prokop wrote a helpful abstract this week.) However what issues right here isn’t a lot the small print as it’s the sheer, unrelenting consideration it has commanded.
Between July 6, earlier than the story actually started to explode, and July 13, on-line searches on the subject elevated by 1,900 %, in keeping with a Newsweek evaluation. A CNN analyst famous that over roughly the identical time scale, Epstein was Googled 2.5 instances greater than Grok — this in the course of the AI mannequin’s, uh, newsworthy launch — and 1.4 instances greater than tariffs.
The furor over the case has led to Congress basically shutting down early for the summer time, a Republican effort to evade Democrats’ sudden and politically handy calls for for transparency. It’s not an excessive amount of to say that the enterprise of America has all however halted due to a years-old legal case.
I’m not saying the Epstein case is completely with out significance. The crime was horrific, the investigation particulars murky, and the political ramifications if the case shakes the president’s connection to his political base are clearly significant. (And if you wish to examine any of that, nicely, excellent news — you haven’t any scarcity of sources.) However there may be just about no approach we’ll look again in 20 years and suppose that the relitigation of the Epstein case was clearly a very powerful factor taking place on the earth in July 2025.
Consideration is a finite useful resource, and you might be the place your consideration is. A narrative like Epstein is analogous to a senseless, out-of-control hearth consuming all of the oxygen in a burning home. So I believed I’d put collectively a listing of 4 tales taking place proper now that matter much more for the nation and the world than the contents of the Epstein Information. And truthful warning — they’re not all excellent news tales, however they completely are value your consideration.
1) America’s harmful debt spiral
Via the primary 9 months of the 2025 fiscal 12 months, which matches as much as this June, america spent $749 billion on curiosity on the nationwide debt, greater than it spent on something aside from Social Safety. Not the debt itself — simply the curiosity. And our debt drawback is accelerating: In line with the Congressional Finances Workplace (CBO), President Donald Trump’s lately handed price range invoice will add $3.4 trillion to the nationwide stability sheet over the subsequent decade.
You would possibly say: So what? Finances scolds have been warning in regards to the debt since at the very least the Eighties, and essentially the most dire predictions have but to return true. However because the economist Herbert Simon as soon as warned, referring particularly to unsustainable financial insurance policies: “If one thing can not go on endlessly, it would cease.” Whereas “there’s no magic quantity at which the debt load turns into a full-on disaster,” as my colleague Dylan Matthews wrote final 12 months, nearly every part that’s taking place now — together with persistently excessive rates of interest, which make debt that rather more painful, as anybody with a current mortgage is aware of — signifies that disaster level is on its approach.
And what is going to occur then? The CBO warns that except price range patterns shift dramatically, the nation will face an unpalatable mixture of large tax hikes, extreme cuts to important companies, even default. And our debt drawback intersects catastrophically with a few of America’s different generational challenges, just like the fertility and ageing disaster (see No. 3) and the nation’s means to defend itself (No. 4).
2) A worldwide starvation disaster
I’ve written earlier than in regards to the long-term enhancements in little one mortality and excessive poverty. These traits are actual, and so they symbolize a few of the greatest causes to really feel optimistic in regards to the world.
However optimistic long-term traits can masks durations of setback. In terms of childhood starvation, the world is in peril of falling again. A new UNICEF report reveals that after greater than twenty years of constant progress, little one stunting — early-life malnutrition that may result in much less development and lifelong well being issues — seems to be rising once more. And whereas the humanitarian disaster that’s Gaza at the very least has the world’s consideration, if not sufficient of its assist, starvation is spreading in different international locations that stay underneath the radar.
In Africa’s largest nation of Nigeria, almost 31 million folks face acute meals insecurity — virtually equal to the inhabitants of Texas. Ethiopia, Pakistan, and Yemen have all seen alarming reversals in childhood dietary well being. Add in surges in meals costs pushed by excessive climate, and the devastating results of cuts in US meals assist, and you’ve got a recipe for an issue that’s getting worse on the very second when the willingness to assist is eroding.
3) An actual inhabitants bomb
In terms of long-term, world-changing traits, local weather change will get a lot of the consideration (if not essentially the motion). However there’s one other problem unfolding in almost each nation on the earth that shall be simply as transformative — and for which we could also be even much less ready.
That’s the inhabitants slowdown. In 2024, the US fertility charge hit an all-time low of lower than 1.6 births per lady, far beneath the two.1 required to keep up the present inhabitants stage. Whereas different international locations like Japan or Italy will get there sooner, the US is completely on a path to an ageing, shrinking future. As early as 2033, annual deaths are predicted to outpace annual births, whereas by 2050, one in each 5 Individuals shall be over the age of 65.
Given {that a} era in the past, we had been worrying about world overpopulation, many individuals appear to suppose a smaller inhabitants would largely be a very good factor. Actually that’s what my emails counsel each time I write in regards to the concern. Properly, let me let you know this: It is not going to. (Even for local weather change, apparently.)
An ageing and finally shrinking inhabitants will put extra stress on every part from well being care to pension techniques to financial productiveness, in ways in which — absent some sort of technological miracle — will make us poorer, and can change life in methods we will solely start to think about. And nobody actually has any concept the right way to repair it, or if it’s even fixable in any respect.
4) A generational safety problem
The Chilly Conflict ended almost 35 years in the past. For all of that point, the US has loved a traditionally unprecedented place of world army supremacy. Individuals have lived with the background assumption that the US would by no means actually face a struggle with a real geopolitical rival — and positively wouldn’t lose one. Of all our nationwide privileges, that could be essentially the most foundational one. However that basis is in peril of crumbling.
Geopolitical tensions — particularly with China — are escalating, but America’s army readiness is quietly degrading. The US Navy’s present annual price range is over a quarter-trillion {dollars}, however the service nonetheless maintains in regards to the similar variety of ships as in 2003. Whereas the US builds about 5 business ships a 12 months, China builds greater than 1,000, and its naval fleet is already bigger.
On the similar time, America’s munitions reserves are dangerously low. In supporting Israel throughout its current battle with Iran, almost 14 % of the US’s very important THAAD missile interceptor stock was expended — simply replenishing these shops might take as much as eight years. In the meantime, Pentagon authorities quickly paused shipments of Patriot missiles and different crucial air-defense techniques to Ukraine amid world stockpile pressures. US air defenses now reportedly have solely 1 / 4 of the interceptors wanted for all of the Pentagon’s army plans. Ought to a significant battle pop up in, oh I don’t know, Taiwan, important munitions might be depleted far sooner than manufacturing might substitute them. That’s the way you lose wars.
None of those tales are scandals, and none of them generate nice social media content material. They’re laborious, long-term, wonky, even boring. However they’re vital. They usually deserve our consideration.
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