America’s Debt Palooza: $1 Trillion To $30 Trillion In A Fiscal Heartbeat, Part 1

My, how the frog does boil!

This week the public debt crossed the $30 trillion milestone, yet neither Wall Street nor Washington took note. But it did catch our attention because to this day we well recall why a young budget director was thumping on the Gipper’s chest in the Oval Office photo below.