A billion here, a billion there

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.

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