Yes, it’s self inflicted, but not due to recent events any more than a recession is the fault of whoever the sitting president is. There are deep, long-standing

Yes, it’s self inflicted, but not due to recent events any more than a recession is the fault of whoever the sitting president is. There are deep, long-standing structural reasons for the stuff we find ourselves in, and the cycle is as old as civilization, because it’s just human nature. The politicians who advocate for austerity and fiscal discipline don’t tend to do as well as those who let the credit run like water.