The US Economy - A Ponzi Scheme

[finnbow]

I'm not willing to google them up again, but I've posted several graphs in the past from reliable sources showing that the lion's share of debt growth in recent years were directly a result of Bush's tax cuts, the costs of two protracted and mismanaged wars, and the costs associated with the avoidable (through proper policy and enforcement) recession.

You can wish this away if you want to, but I haven't bothered to do so. It would be an exercise in trying to deny the obvious.