During the Federal fiscal year which ends in ten days, we taxpayers will have paid about $350 billion dollars in interest. That is, nearly twice as much as the estimated cost to repair the damage from Katrina.
About 75% of the principal (that is, the national debt on which we paid the $350 billion) resulted during the administrations of Ronald Reagan, George H.W. Bush and George W. Bush. The other 25% came about during the other 212 years of our Republic.
Burden the country with debt; fill agencies with hacks. A perfect way to convince voters that government is the problem.
Government is an institution, not a moral issue. It can be made to do whatever we have the will to make it do.
Or not.
AMEN!