I hardly think the average American swaddled in unsecured and secured debt, most of it probably from medical expenses, or to float the grand dream of ‘realistic’ home ownership, gives a rats ass about the Federal deficit, or comprehends the truly signifigant components of this debt. I won’t write about the creative accounting that and the convenient lumping of certain entitlement programs that give a ‘we’re on fire’ impression of how entitlements need to be whacked off. I won’t go off the deep end with true cost and real beneficiaries of the disasterous turns capitalism has taken (particularly in US) since financialization of economy was set free to roam like a bull being confronted with a red dolly spinning in the center before a crowd of inebriated spectators, so happy for the conveniences of our modern life, that they bought the bullshit from both sides of the Wall Street Party.
Change the focus…..with all the western interventions at foot right now…seemingly to distract us (US?) from something else…(what might that be dear reader?)
It is worth recalling that most Afghans were pleased when the Taliban crapped out in 2001 and most Iraqis were glad to see the back of Saddam Hussein in 2003. But it did not follow that the opponents of autocracy were united, had real support or were less corrupt or more competent than their predecessors. Nor were Afghans or Iraqis prepared to see foreign armies determine who should hold power in their countries.