On the issue of government spending and debt, there is a gulf far greater than a mere 223 years between the Founders and the present generation of American leaders.

In the period spanning the final year of George W. Bush’s second term in the White House and President Obama’s tenure to date, the national debt has exploded from $9.1 trillion to nearly $13.2 trillion, reaching 90 percent of the gross domestic product. On a graph, the direction of the national debt for this period is almost straight up, recalling what fighter pilots mean when they “go vertical” in a dogfight. We are accumulating a debt so massive that our children and grandchildren will still be paying it off decades hence.

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