thanks to the dems and obama
Only in the sense that they have greatly hastened the process.
I predicted this to a professor in college during the 1970s when we were discussing the NYC bankruptcy and federal bailout. I was poo pooed.
This is inevitable and has been since the mid eighties. Prior to that we had a mathematical chance of changing the direction. Not for over 20 years has there been even a mathematical possibility of avoiding the collapse.