And, unfortunately, the Government’s “cure” for the Financial Meltdown was to avoid pain by huge bailouts, guarantees, more regulation, taking over industries, and (of course) bigger Government. And the icing on the cake is we elected an inexperienced Socialist. This assures that the deficits will never go way. We made the wrong choices, plain and simple.
Not much of a choice really. We had a socialist with a competent VP candidate vs. a marxist with an incompetent boob senator as a VP candidate.
As a country, we chose the marxist.