What Is the Definition of Economic Insanity?

The United States is nearly $22 trillion dollars in debt.

American debt has risen by more than $2 trillion since Donald Trump became president two years ago. How have we, as a nation, become so profligate and irresponsible while our economy has been in the second longest economic expansion since World War II? Why is government spending increasing while tax receipts are dropping?

Quite clearly, if the nation cannot pay its bills without massive borrowing during a period of full employment and supposed economic expansion, what…