Part 3/10:
Historically, the path to such unprecedented debt levels has been exacerbated by various administrations. The debt has increased dramatically since the early 1980s, with substantial contributions from military spending, economic stimulus packages, and tax cuts across multiple presidencies. A notable increase occurred during World War II, where spending surged, yet strategic investments in the economy were made. In modern times, however, there is no impending war, and yet spending continues to escalate uncontrollably.