Their tax / borrow and spend (both parties) is just the tip of the iceberg.
The cost of regulation due to lack of competition (higher prices), slowed growth, and companies not started has reached the tipping point. (some regulation is good, but there are few good regulations, most are written by the industries they regulate).
The cost of unfunded entitlement, SSI, Medicare, Medicaid, government employee retirements, etc.


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