buying friends

 

The US government is going into debt for the same reason that governments have gone into debt for thousands of years. The government is trying to buy friends or buy votes. Also there's a sense of control and stability if you're able to get people to vote in your direction. It creates a false sense of success, even though you're going in debt. So governments have dealt with debt in different ways. Inflation is nothing new governments have been doing it for thousands of years. And sometimes governments go bankrupt, and then they restructure. Nowadays this doesn't look good to the rest of the world, but it is an option. But what it really tells everybody is that you were kidding yourself. You really weren't making things work, you were just paying money to make it look that way.