Almost all politicians are only concerned about getting re-elected. This is why the can keeps getting kicked further down the street.
Our elected reps seem to get spinectomies on their way to washington dc.
But we could make it if a rational group of people were in charge.
We would need politicians who don’t care about reelection.
We would also need politicians who will stand up against the political pressures from the Democrats various liberals and the media.
Any proposed cutbacks in spending on any government program is portrayed as taking food out of the mouth of poor people,throwing granny off the cliff Etc.
We can’t even freeze government spending at current levels, because a freeze is going to be portrayed by the media as a cut, if we reduce the rate of increase of government spending.
So we really need politicians who will not give a blank about what the Democrats and assorted liberal type say, and who will not give a blank about what the media says about them.
See corrected figures in the previous post.
I think about this what makes no sense is 10 year bonds at 4.3