The fiscal political ethics of a nation's leaders eventually turn up reflected in the state of the nation's public budget and economy. If leaders play fast and loose with truth and regulations, environment and foreign military investments public debt will increase. Since the Reagan administration ended the cold war the nation's leaders have used bad ethics and ideas to corrupt the public sector and Wall Street. The U.S. public debt is approaching 20 trillion dollars and the President just advanced a 4.1 trillion dollar budget for a single year.
There are numerous reasons why U.S. political leaders are fiscal misanthropes so far as integrity, stability and sustainability of the national economy goes. Even international players such as the Pope visiting communist Cuba before arriving in Texas create apparent conflicts of interest as he advocates on behalf of illegal alien labor from Latin America flooding the U.S. economy, enhancing opportunities for fiscally corrupt policy. America's corrupted political economy affects that of the rest of the world. Bad government ethics endanger planetary environmental security as swell not to mention billions of lives affected by economic dislocation.
Sophomoric economic ideas and political philosophy won't solve the problem. In Saudi Arabia thieves still have a hand cut off for correction. On Wall Street the Federal Reserve gave trillions of dollars of zero interest loans and the government bought up toxic debt following the banking and home mortgage derivatives flam merging into business as usual. With the public debt being the sink that props up defense contractors that require a Russian antagonist and a protracted Middle Eastern conflict presently bad ethics has plenty to hide behind assisted as they are by broadcast media propaganda spin-drift as effective as a virtual Al Qaeda of America supporting of fiscal terrorism. Wealth is being redistributed from the poor and middle class to the rich thanks to the Clintons, Bushes and Obamas.
With sufficient material resources and personnel skills the United States should have had a balanced budget and virtually no public debt in the years following the end of the cold war. Instead the Clintons, Bushes, Obamas and their cronies took the nation down a road of rampant doofussism dumping unethical finance regs, vast left-right wing public debt and homosexual marriage withholding only from beastiality yet the Supream Court hasn’t ruled on that yet. They may find the founders didn’t intend the constitution to prevent it.
Bad ethics at the top produced the negative bottom line. Yet a nation taught that a quarter of the working adults should be in financial services, skills for production degraded and material fabrication outsourced while inputting cheap foreign migrant labor isn't one that should remain prosperous. The Roman Empire employed so many good German warriors in its own legions from the conquered provinces that eventually Roman defense capabilities withered away. Like many Americans today that don't care much for Washington D.C., the immigrants didn't care about Rome.
The nation's financial leadership is fundamentally crooked. It has sophomoric understanding of political philosophy. Lawyer's want to enrich themselves through politics bringing no direct relevant qualification to apply when elected. The last year the U.S. government had a balanced budget was during the final phase of the second term of Bill Clinton. It occurred through fate rather than planning.
Bill Clinton had raised the tax rates to a reasonable level. Republicans controlled congress though and were free to cut federal spending with the President weakened politically from getting blow jobs from a student intern in the Oval Office and possibly elsewhere. President Bill signed off on the Republican budget and that concurrence of circumstance never happened again. Neither side can produce a balanced budget, assure all Americans a guaranteed minimum income, good health and dental care, full employment, good education, a recovering environment, space exploration, strong defense and secure borders; they are concerned with financial perfidy and sloppiness instead.
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