Every president for the past 50 years has promised to fix the deficit.
Every single one.
Carter, Reagan, Bush Sr., Clinton, Bush Jr., Obama, Trump, Biden — doesn't matter the party, doesn't matter the era.
Same speech. Same concern. Same promise.
And yet here we are: $36 trillion in debt and climbing faster than ever.
This isn't a policy problem. It's an incentive problem. Politicians get rewarded for spending now and punished for cutting anything. Voters say they want fiscal discipline — until it affects their program.
So the can gets kicked. Again and again.
The bill? That's for future taxpayers.
Don't hold your breath waiting for Washington to suddenly discover discipline. Plan accordingly.
Every single one.
Carter, Reagan, Bush Sr., Clinton, Bush Jr., Obama, Trump, Biden — doesn't matter the party, doesn't matter the era.
Same speech. Same concern. Same promise.
And yet here we are: $36 trillion in debt and climbing faster than ever.
This isn't a policy problem. It's an incentive problem. Politicians get rewarded for spending now and punished for cutting anything. Voters say they want fiscal discipline — until it affects their program.
So the can gets kicked. Again and again.
The bill? That's for future taxpayers.
Don't hold your breath waiting for Washington to suddenly discover discipline. Plan accordingly.