I have nothing insightful to add to this, other than - Think about our children.

It is our children who will face the situation where the government of the day cannot spend on the social programs in a manner they would desire, due to the large percentage of the budget that will be spent on paying interest on the money so recklessly spent today.

We are not in a recession. There is no Global meltdown occurring, There is zero reason to embark on a Keynesian style government spending spree to jump start an economy on life support, as was the case in 2008.....what are we going to do if a real crisis hits?

Worse yet, what are we looking at if the interest rates jump 2-3 points, back to historic norms?