Look, a large part of the "spending" has simply been for the monstrous Debt Bill that the US has. The thinking goes that "because we are such a great economy people will continue to buy our debt". Yeah, except when it dives into the second Great Recession! Can't happen? OH YES IT CAN! Nobody foresaw the Great Depression that resulted from a massively overpriced stock-market crash. Nobody saw the Great Recession that derived from the SubPrime Mess (brought about by banksters who were selling subprime mortgages into an inflated housing market that bust). Time and time again, the massive rush-to-riches that drives the American economy in general stumbles. And one helluva-lotta people get hurt. Except for some - and that some are the Truly Rich billionaires. Who can lose millions and not wink, because there are still millions left ... !