The post-2000 period has one huge, huge, huge shock in it: 2008-2009. How is the fact that the post-2000 sample has a Great Recession in it and the pre-2000 does not affect their conclusions?2005 was about roll over time for the bailout debt which was some 25% of the economy at the time. It was Texas welfare bums and Reagan suffering alzheimer's.
But when debt from the Texas Tea party nuts came due, on roll over, we see that Federal interest payments started a linear climb, and have not stopped.
Texas, California and New York, a combined disaster upon the union. All of them engaging in official Venezuela style corruption.
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