But we’re not insolvent. We’re just irrational.

We’re having our cake and eating it too.

In essence, we’re blithely consuming away while we’re running our credit card on the introductory rate.

When that rate ends, we’ll have to make a choice of cutting 35% of everything, or increasing collected taxes by 50% or a combination thereof.

Meanwhile, we’re putting 5 Apollo Moon Programs on the credit card a year with I’m not sure what to show for it.