>Politicians will never win votes by promising to reduce govt debt. So, in other words, the only way to govern is through demagogy ... what a terribly cynical

>Politicians will never win votes by promising to reduce govt debt. So, in other words, the only way to govern is through demagogy ... what a terribly cynical view of the world. I also believe it's historically inaccurate. I know of at least two countries for which it is: Singapore and Switzerland.