That is a BIG reason, but not the only reason. We have been runnign HUGE budget deficits the last 25 years, with the exception of a few years in the 90's......
Spending money does nothing unless youa re producing and selling goods....
I agree with you.
However, what this country is going through right now is good. It's only going to make the economy stronger in the long run. It's made the largest corporation in the world, which is the US Government, take a look at what is wrong with this country's financial system, and fix it. I hope.
The days of banks raping the middle class with high ass interest rates will be over.