How convenient that your analysis elides debt servicing from war and increased discretionary military spending. Debt rose the most under Reagan and Bush and now Trump with the same call for cutting taxes while bloating military spending. And let's not forget the TARP and other bailouts in 2008. But by all means, talk about "corrective market forces that curb waste" -- tell me, when has any government in history been run by "market forces"?
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