Everywhere I turn these days, I hear a rising clamor and rancor to cut the spending that is creating deficits that will lead to the death of us all and destroy the lives of our grandchildren.

CNBC reporter Rick Santelli walked off camera maniacally screaming "stop spending, stop spending," while commentator Larry Kudlow religiously devotes a full hour to the topic every day.

My interest piqued, and to attempt to bring some clarity to readers who must

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