Honestly this isn’t a particularly difficult concept to understand: if overspending is gradually (then suddenly) propelling your decline, then cut spending. Duh.Yet history shows that this almost NEVER happens. And it’s astonishing that people in power have consistently failed to understand this simple concept for more than 5,000 years.We’re witnessing the same thing today– the US is plagued by massive challenges of its own making. Or at least, the making of inept politicians.
