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by throwaway07Ju19 2426 days ago
The US is ruled by two political parties and neither care about the debt. Saving for a rainy day during times of prosperity is the exception rather than the rule.

If we owe future generations anything it is 1) a sustainable environment and 2) a sustainable balance sheet. We may leave them neither.

1 comments

It's not correct to say that neither party cares about the debt. Only one has made it a lot worse.
Agreed. It's always the one who happens to be in control of the purse strings at any given time.