Two points that are often missed: 1. Perfectly tracking every dollar is more expensive than having some slack in the system. There's an optimal amount, at least from an overall value perspective. 2. We spend too much, and both sides of the aisle repeatedly blocked attempts to curb spending for literal decades while our debt got higher. That's how someone doing something coming in with a hatchet and no plan to build g…
2. we may or may not spend enough. what we don't do is collect enough taxes to pay for it, that is the failure.