A better perspective on government fiscal stupidity

The fuse is burning

Like most sensible people I often worry where the continuous overspending by all levels of government will eventually lead. Ongoing spending by Municipal, Provincial, or Federal governments seems to indicate a total lack of common sense or any fiscal responsibility on the part of our elected officials. It's almost like they live on a different world where money literally grows on trees and they function using a system of math where two plus two does not equal four. The alternative would be that they are simply stupid or incredibly naive about managing money.

Now while our Canadian Federal or Provincial governments are not by any stretch of the imagination "fiscally responsible" they do not even come close to displaying the free spending mindset and the reckless fiscal abandonment that our American neighbors to the south are engaging in, particularly at the Federal level in Washington. Watching their antics as they battle over adjusting personal tax rates higher, debt ceiling increases, and implementing spending cuts, would be comical if it was not so serious that the outcome has the ability to negatively impact the entire global economy. Even a simpleton knows that you can not continuously spend more than you take in, unfortunately this basic fact seems to be lost on America's elected officials especially the guy currently serving as President.

So if a simpleton can understand the concept, why can't supposedly bright elected officials?
Here's what I think........