I am fed up enough with our politicians that I feel the need to express my opinions. One of the more amazing things that I have read about our current “debt crisis” is the fact that 95%+ of the current debt was accumulated in the last 30 years. Now from looking at the historic charts provided by the New York Times, it is slightly reassuring to note that this is not the highest level of debt to GDP that we have ever seen as a nation, giving me some hope that we can recover, however, it is very close to the highest level and the only time it was higher was during World War II.
Now what is it about the politicians from the last 30 years that makes them so incredibly fiscally irresponsible compared the the politicians prior to that? Were all of our current crop of politicians born with a golden spoon? Have they never had to worry about money and learn to live within their means? It is a well known fact that we as a nation cannot live beyond our means for very long, and the longer we do it, the greater a price that our society will pay for these irresponsible decisions.